KKR buys Korean commercial property
KKR has teamed up with Hong Kong-based hedge fund LIM Advisors to acquire a commercial property in Seoul’s central business district. It is the private equity firm’s first real estate deal in South Korea.
According to local media, the deal is worth approximately KRW500 billion ($490 million). The 22-floor K Twin Towers, which offers views of the Presidential Blue House, comprises more than 83,800 square...
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