Hamburg-based fund manager Union Investment Real Estate has sold its 14-storey HI office building in Seoul to local investor Kochem Co for EUR 35.5 mln. The sale price is 36% higher than the original investment and approximately 30% above the most recent expert valuation.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
