Mingtiandi
Username
Skanska had fully leased its 2+U in the same year the project was completed
The Korean appetite for outbound investment remains healthy, with Hana Alternative Asset Management having closed out 2020 with one of the year’s largest acquisitions of a single US property asset.
The fund management division of Seoul-based Hana Financial Group in late December acquired a 95 percent interest in 2+U, a 38-storey office and retail tower in Seattle, for $669 million.
The Korean firm invested in the commercial project just over one year after Swedish developer Skanska, which is the seller of the stake, had completed the central Seattle tower and fully leased its space to tech-centred tenants including a unit of SAP and Dropbox.
Skanska sells share in 2+U office tower to Hana Alternative Asset Management dailyrecordnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyrecordnews.com Daily Mail and Mail on Sunday newspapers.