Mapletree Investments, PAG acquire Goldin Financial Global Centre for US$713 m

The building has a total lettable area of 886,703 sq ft. 

Mapletree Investments and investment firm, PAG, has acquired Goldin Financial Global Centre (GFGC) in Hong Kong for US$713m (HK$5.6b).

The premium office building located in the heart of Kowloon East has a total lettable area of 886,703 sq ft. 

It received LEED platinum and BEAM Plus platinum certification upon completion in 2016, the highest global and Hong Kong local industry standard for healthy, sustainable, and cost-saving green buildings. 

The acquisition will expand the footprint of PAG Real Assets, the real estate business of PAG, in Hong Kong, and boost MapleTree’s presence in the city’s commercial sector “at an attractive price.”