STATE OIL FUND OF AZERBAIJAN (SOFAZ) HAS ACQUIRED A PRIME OFFICE BUILDING, PINE AVENUE TOWER A IN SEOUL
The State Oil Fund of Azerbaijan (SOFAZ) has acquired prime office complex, Pine Avenue Tower A in Seoul, South Korea for USD 447 million. The purchase of the property has been realised through a competitive auc-tion process organized by Mirae Asset Management. Buy-side advisory service was provided by Asia Pacific branches of Cushman and Wakefield.
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