KIC reaps $48 mn from London office building sale
Jan 23, 2019 (Gmt+09:00)
Korea Investment Corporation (KIC) has secured 37 million pounds ($48 million) in proceeds from the recent 107 million-pound sale of a London office building opposite the Bank of England, which marked its first exit of directly-invested overseas property.
The sovereign wealth fund sold the building at One Bartholomew Lane to London-based Pembrey Asset Management Ltd. which reportedly represented a South African investor for the deal.
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