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New Deal


Announced

Completed

National Pension Service completed the acquisition of 5 Broadgate building from CK Asset Holding for $1.6bn.

Financials

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Transaction Value£1,210m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Friendly

Real Estate

real estate

Real Estate Holding and Development

United Kingdom

Single Bidder

Acquisition

Private Equity

Majority

Cross Border

Private

building

Synopsis

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National Pension Service, a public pension fund in South Korea, completed the acquisition of 5 Broadgate building in London from CK Asset Holding, a real estate development, leasing, marketing, property management, and hotel serviced suite services provider, for $1.6bn. The property comprises various commercial and office properties and car parking spaces situated at the building known as “5 Broadgate” in the City of London, the United Kingdom.

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