Ascendas Korea Office Private Real Estate Investment Trust 5 (AKOPREIT 5)


Icon Yeoksam

AKOPREIT 5 is currently invested into one commercial asset – Icon Yeoksam. Icon Yeoksam is located in Gangnam Business District (GBD), Seoul, which is a core business district preferred by IT companies, financial institutions and headquarters of multi-national companies. The property is located three minutes from subway line 2 by foot. Located on Teheran-ro (a major boulevard in GBD) and adjacent to main shopping districts, City Airport Terminal, and other major urban facilities, Icon Yeoksam offers ideal accessibility. The asset is completed on November 2017.



Inception

2017

Capital Commitments

KRW 32.8 billion

Investment Strategy

Core/Core plus

Geographic Focus

GBD


Project Details :