Back 10 Jul 2025

Goldman buys 262 billion won hotel, retail assets in Seoul ​  

Summary: Goldman Sachs acquired the Mercure Ambassador hotel in Seoul for 262 billion won, bolstering its real estate alternatives business in South Korea. The deal follows a previous investment in the Scarlet building, a retail and office property.

Link: https://www.businesstimes.com.sg/property/goldman-buys-262-billion-won-hotel-retail-assets-seoul