.
MergerLinks Header Logo

Announced

PAG and Mapletree Investments to acquire Goldin Financial Global Centre for $713m.

Financials

Edit Data
Transaction Value£586m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Real Estate Holding and Development

office building

Majority

Private Equity

Acquisition

Friendly

Pending

Real Estate

Cross Border

Private

Hong Kong

Synopsis

Edit

PAG, an investment firm, and Mapletree Investments, a global real estate development, investment, capital and property management company, agreed to acquire Goldin Financial Global Centre, an office building featuring spacious interiors and flexible floor plans, for $713m. "We are very pleased to be partnering with Mapletree on this major acquisition. GFGC is an iconic building in Hong Kong’s CBD2, and represents very good value at a significant discount to replacement cost. This transaction further expands PAG Real Assets’ footprint in Hong Kong, where we see the ongoing post-Covid recovery creating attractive opportunities for us and our investors," J-P Toppino, PAG President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US