Home > Investments > Realised assets > M Tower
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| M Tower |
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| Location |
Seoul, Korea |
| Date acquired |
MGPA Asia Fund II signed a forward purchase agreement in April 2006 |
| Structure |
50% ownership |
| Investment type |
Office development |
| Description |
Completed in March 2007, this is a 19 storey grade A office tower with a gross floor area (GFA) of 34,173 sqm located in a prime area of Seoul's CBD. |
| Investment strategy |
Acquired on completion and leased up into Seoul's strengthening CBD office rental market. Sold, capitalising on Korea's growing economy and maturing REIT market. |
| Date sold |
October 2007 |
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