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Daishin Financial Group Makes Additional Investment in London Office, One Poultry

2024. 01. 20 · 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.

    ‘1 Poultry’, an office building in London, was acquired by Hana Alternative Investment Asset Management in collaboration with domestic investors at the end of 2018. It was a hot topic at the time as it is located in the heart of London’s financial district, but now it has only become a source of misery. Acquired for GBP 182 million at the end of 2018, its asset value is now estimated to have fallen by more than half. Unlike Korea, the value of offices in the United States and Europe has plummeted as remote work has become more popular during the pandemic years. ‘1 Poultry’ is another victim of […]

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