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GIC invests S$192m in Seoul shopping complex

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GIC said on Monday that it has invested US$136 million (S$192.4 million) to acquire an interest in G-Square City Retail Complex, a high-quality retail mall in Seoul, South Korea.

[SINGAPORE] GIC said on Monday that it has invested US$136 million (S$192.4 million) to acquire an interest in G-Square City Retail Complex, a high-quality retail mall in Seoul, South Korea.

Completed in 2012, G-Square spans 238,248.43 square metres across 28 floors. The building is situated in a prime location in the centre of Anyang city, a metropolitan area of southern Seoul, with direct access to a subway line. The complex also includes a 34,681 sq m office tower.

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