Ascendas Korea Office Private Real Estate Investment Trust 1 (AKOPREIT 1)


Citibank Center

AKOPREIT 1 is currently invested into one prime commercial asset - Citibank Center. Citibank Center is located in core CBD, Seoul, which is the traditional core business district and close to major government agencies, financial institutions and headquarters of global companies. The property is located five minutes from subway line 5 by foot. Citibank occupies the entire building which serves as one of the bank’s central command centers for their Korea operations.

Inception

2012

Capital Commitments

KRW 85.1 billion

Investment Strategy

Core/Core plus

Geographic Focus

CBD, Seoul


Project Details :