Kiwoom Asset Management, a South Korean asset manager, has acquired the Queens Towers in Amsterdam, Netherlands.
Kiwoom Asset bought the Queens Towers, a highly prominent 300,000 square feet office building on Amsterdam’s West Axis, for 130 million euros ($144 million).
The firm was supported in the deal by AF Advisory and DTZ Investors. More so, AF Advisory sourced the investment opportunity and advised on deal structuring and financing.
Additionally, DTZ Investors will continue to provide investment and asset management services going forward, with AF Advisory providing strategic asset management input.