ARA Korea, NH Investment team up for IFC Seoul bid Two firms previously worked together in several large real estate deals
Translated by Ryu Ho-joung 공개 2022-01-26 08:04:54
이 기사는 2022년 01월 26일 08:03 thebell 에 표출된 기사입니다.
ARA Korea, Singapore-based ARA Asset Management’s South Korean unit, has teamed up with NH Investment & Securities in the auction for the International Finance Center Seoul, according to industry sources.In December last year, Eastdil Secured, which is handling the sale, received preliminary bids for the three-tower complex in the city's major financial district Yeouido, with several bidders including ARA Korea participating in the bidding process.
“ARA Korea and NH Investment & Securities have built trust with each other as they previously worked together in several deals,” a source familiar with ARA Korea’s plans said. “ARA Korea is also in talks with other institutional investors.”
In South Korea, ARA Korea teamed up with NH Investment & Securities to purchase the iconic Seoul Square office tower for 988 billion won ($824 million) in 2019. They teamed up again in the following year to acquire Tower II of Seoul’s Parc1 complex for 950 billion won.
Globally, the two companies recently teamed up to complete the acquisition of Marble Arch Place, a newly-developed commercial asset in London, for 280 million pounds, with NH Investment & Securities investing about 190 billion won in a private real estate fund managed by ARA Korea.
It is said that a consortium of ARA Korea and NH Investment & Securities submitted the highest bid of 4.2 trillion won for the IFC Seoul, expressing strong interest in acquiring the landmark complex.
In addition, with a successful track record of completing acquisitions of at least two prime office buildings worth more than 1 trillion won in South Korea, the consortium could have an edge over rival bidders, industry watchers said. (Reporting by Gyoung-tae Kim)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재, 재배포 및 AI학습 이용 금지 >
관련기사
best clicks
최신뉴스 in 전체기사
-
- '살얼음' 분위기 깬 이지효 파두 대표 사과
- [DL이앤씨 인사 격변]마창민 대표도 떠난다, 조직 전면 쇄신
- [DL이앤씨 인사 격변]인적분할 4년차, '가이던스 달성 실패' 후폭풍 거셌다
- [DL이앤씨 인사 격변]CFO도 퇴출, 후임자 내외부 물색
- [DL이앤씨 인사 격변]감원 칼바람, 임원 10명 중 3명 짐 쌌다
- CJ올리브영, 글랜우드PE와 결별 '이사회 재정비'
- [코스닥 주총 돋보기]'상폐 위기' 엠벤처투자, 주주 해명 '안간힘'
- FI 지분 되사온 CJ올리브영, ‘승계 플랜’ 본격 가동하나
- 에스텍파마, 폴라리스AI파마로 '새 출발'
- 나무가, '공정 자동화 전문가' 이동호 대표이사 선임