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Keppel REIT to Sell Seoul Station’s T Tower

2024. 02. 15 · 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.

    Keppel REIT, which is listed on the Singapore Exchange (SGX), is selling T Tower located at Seoul Station. T Tower is also the only asset owned by Keppel REIT. JLL was selected to be the sales adviser and the process was started. Keppel REIT was listed on SGX on April 28, 2006. It invests in prime offices in business and financial districts in Singapore, Australia, Korea, and Japan. Keppel Land, a leading real estate company in Asia, is the REIT’s main sponsor. T Tower was Keppel REIT’s first investment in Korea and was acquired for KRW 252.6 billion in 2019. The office building is located at 827 Namdaemun-ro […]

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