Keppel Capital fund scoops up Seoul office portfolio for $370m

Seoul, South Korea. Photo by Sunyu Kim on Unsplash

Singapore-based Keppel Capital’s Alpha Asia Macro Trends Fund III (AAMTF III) has entered into an agreement with an unnamed Korean asset management company to acquire a 100 per cent stake in three Grade A freehold commercial buildings located in major business districts in Seoul for an aggregate price of 430 billion won ($370 million).

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