SINGAPORE (Apr 23): Keppel REIT is acquiring a 99.38% stake in T Tower, a freehold Grade A office building in Seoul’s CBD for KRW 252.6 billion ($301.4 million).
The remaining 0.62% stake will be acquired by subsidiary Keppel Capital Holdings.
The seller is PGIM Real Estate, the real estate investment business of PGIM, the global investment management businesses of Prudential Financial.
