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Angelo Gordon and Vestas Reunite after 10 Years

2023. 01. 26 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Angelo Gordon and Vestas Asset Management have rekindled their partnership. Angelo Gordon first entered Korea in 2006, and Vestas was established in 2010. Both companies have a long history in the Korean commercial real estate market, but there are not many cases where the two companies have invested together. Their last joint investment was the Seoul Station Metro Tower (former GS E&C office building) ten years ago. In 2013, Vestas and Angelo Gordon acquired Metro Tower for KRW 250 billion, and sold it to Pebblestone Asset Management in 2017. There has been no collaboration since. Considering that Angelo Gordon has been investing steadily every year since entering Korea in 2006, […]

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