May 9, 2018 / 8:16 AM / 3 months ago

BRIEF-CPPIB And GIC Enter JV To buy Office Property In Seoul's Central Business District

May 9 (Reuters) -

* CPPIB AND GIC ENTER INTO JOINT VENTURE PARTNERSHIP TO ACQUIRE AN OFFICE PROPERTY IN SEOUL’S CENTRAL BUSINESS DISTRICT

* GIC - CANADA PENSION PLAN INVESTMENT BOARD, CO ENTERED JV TO BUY OFFICE BUILDING IN SEOUL FOR KRW418 BILLION (US$380 MILLION)

* GIC- CPPIB, CO TO ACQUIRE A GRADE A OFFICE BUILDING IN SEOUL, KUMHO ASIANA MAIN TOWER, FROM KUMHO ASIANA GROUP, PARENT OF ASIANA AIRLINES

* GIC- CPPIB AND GIC WILL EACH OWN A 50% STAKE IN THIS OFFICE PROPERTY Source text for Eikon:

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