▶주메뉴 바로가기

▶본문 바로가기

THE INVESTOR
December 15, 2019
Big Reunion

Office Consulting

Mirae Asset invests in $243m mezzanine debt for grade A office building in HK

  • PUBLISHED :April 18, 2019 - 15:53
  • UPDATED :April 18, 2019 - 19:29
  • 폰트작게
  • 폰트크게
  • facebook
  • twitter
  • sms
  • print

Mirae Asset Daewoo said on April 18 that it has invested $243 million in mezzanine debt for Goldin Financial Global Centre in eastern Kowloon Bay, Hong Kong. 


Courtesy of Goldin Financial Global Centre

Related:
Mirae Asset to buy Majunga Tower in Paris for W1tr
Mirae Asset Daewoo to inject US$300m to buy Hong Kong skyscraper
Mirae Asset to buy W500b office building from Blackstone
Mirae Asset Daewoo invests W110b in Four Seasons hotel in Hawaii



Singapore’s sovereign wealth fund GIC and Deutsche Bank have also joined the mezzanine financing for the grade A commercial office building.

The 27-story landmark building with 900,000 square feet gross floor area is owned by Goldin Financial Holdings Chairman Pan Sutong. It is located at the Kowloon East waterfront, an emerging central business district of Hong Kong.

Since the building opened in October 2016 with a fair value of HK$12.5 billion ($1.6 billion), the fair value rose by HK$2.3 billion in 2017 and HK$1.9 billion in 2018.

This is the second real estate investment of Mirae Asset Daewoo in Hong Kong. In April last year, it invested some $300 million in senior debt to finance the $5.2 billion acquisition of skyscraper The Center.

By Son Ji-hyoung (consnow@heraldcorp.com)

  • facebook
  • twitter
  • sms
  • print

EDITOR'S PICKS