By Richard Hook2018-07-25T11:14:00
M&G Real Estate’s Asia Property fund has bought Centropolis Towers in Seoul in a joint venture with two South Korean pension funds for $1.04bn (£790m) – its biggest commercial real estate acquisition for five years.
The real estate fund management arm of M&G Investments has acquired the 26-storey twin tower office asset in the Korean capital from local developer CTCore in a deal expected to complete in September.
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