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

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.