The Commerzbank Tower in Frankfurt, Germany was acquired in 2016 by Samsung SRA Asset Management in collaboration with Samsung Group financial affiliates such as Samsung Life Insurance and Samsung Fire & Marine Insurance and major institutional investors. It quickly became a hot topic in the domestic commercial real estate industry. Samsung SRA Asset Management, Samsung Life Insurance, Samsung Securities and other Samsung Group affiliates emphasized their achievement by beating out major competitors such as the Government of Singapore Investment Corporation (GIC) and Korea Investment & Securities to acquire the Commerzbank Tower, a landmark skyscraper in Frankfurt, Germany. The acquisition price was set at approximately KRW 900 billion. Samsung […]