Korean Sovereign Fund Invests in HK Hotel
Posted on 10/18/2015
Korea’s sovereign wealth fund has been keen on raising allocation to Asian real estate. On July 9th, a group of investors made a move to buy the five-star hotel InterContinental Hong Kong for US $938 million. The seller was InterContinental Hotels Group Plc. The deal has now been finalized. In July, the Korea Investment Corporation […]
- Asia
- Gaw Capital
- Hong Kong
- Hotels
- InterContinental Hotels
- Korea Investment Corporation
- real assets
- Real Estate
