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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