KKR, IGIS and NPS to Acquire Prime Real Estate Asset in Seoul’s Gangnam Business District
October 9, 2018
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The Asset is located in the heart of the GBD at the intersection of
“We are thrilled to be investing in what we believe will be an iconic
property in an excellent location, and to be teaming up with outstanding
partners including IGIS and NPS to do so. We look forward to continue
building on our global real estate platform by making quality real
estate investments in
“We are excited to make this investment along with world-class
investment firms KKR and NPS. We expect to develop the property not just
as the best real estate asset in
KKR’s investment is being funded from KKR Asian Fund III. The investment
is KKR’s third real estate investment in
Since 2011, KKR has committed approximately
About KKR
KKR is a leading global investment firm that manages multiple
alternative asset classes, including private equity, energy,
infrastructure, real estate and credit, with strategic manager
partnerships that manage hedge funds. KKR aims to generate attractive
investment returns for its fund investors by following a patient and
disciplined investment approach, employing world-class people, and
driving growth and value creation with KKR portfolio companies. KKR
invests its own capital alongside the capital it manages for fund
investors and provides financing solutions and investment opportunities
through its capital markets business. References to KKR’s investments
may include the activities of its sponsored funds. For additional
information about
About IGIS
IGIS, the largest integrated real estate investment and asset management
firm in
View source version on businesswire.com: https://www.businesswire.com/news/home/20181009006196/en/
Media
For KKR Asia:
Cara.Major@KKR.com
or
For
KKR South Korea:
Gaeun Choi, +82-2-6951-3546 / +82-10-9186-1324
KKR@thesignature.co.kr
Source: KKR
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