ARA buys Seoul office tower; DBS, UOB grant S$385.8m green loan for 5One Central
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ARA Asset Management has purchased Parc1 Tower II - an office building in Seoul - for over one trillion Korean won (S$1.21 billion), in a deal slated to be the largest single asset transaction in Korea this year, ARA said in a press statement on Tuesday.
Located within Yeouido business district, the property is one of the two newly-constructed office towers within the Parc1 mixed-use complex designed by architect Richard Rogers.
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