Tuesday, January 11, 2011

GIC wants to sell Seoul Finance Center, Maeil Business reports

Government of Singapore Investment Corp. is seeking to sell the Seoul Finance Center, which it bought for about 355 billion won ($409.3 million) in June, 2000, the Maeil Business Newspaper reported today, citing an unnamed senior official in the asset management industry. The building may fetch as much as 1.1 trillion won, according to the report.

 


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