CPPIB and GIC Acquire Kumho Asiana Main Tower

Posted on 05/09/2018


Canada Pension Plan Investment Board (CPPIB) and Singapore’s GIC Private Limited formed a joint venture to buy a Grade A office building in Seoul, Kumho Asiana Main Tower, from Kumho Asiana Group, parent of Asiana Airlines, for 418 billion KRW (US$ 380 million). The money from the sale will boost liquidity for Asiana Airlines. Following […]

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