Asia-focused investment firm PAG and Singapore-based real estate group Mapletree Investments said on Thursday they have entered into a 50-50 joint venture to buy Hong Kong's Goldin Financial Global Centre from receivers for $713 million.Goldin Financial Global Centre is an office building completed in 201
Asia-focused investment firm PAG and Singapore-based real estate group Mapletree Investments said on Thursday they have entered into a 50-50 joint venture to buy Hong Kong's Goldin Financial Global Centre from receivers for $713 million.
PAG Real Assets, the real estate business of Hong Kong-based PAG, has been on an acquisition spree, snapping up and managing over 7,000 properties across the Asia-Pacific region, including office space and logistics hubs, over the past two decades. PAG Real Assets now has over $10 billion in equity under management, according to PAG.
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