Woori Bank partially compensates investors who lost their Hong Kong Office Building Fund
폴 리
hoondork1977@alphabiz.co.kr | 2023-07-19 02:45:29
[Alpha Biz=(Chicago) Reporter Paul Lee] Woori Bank has invested in a Hong Kong office building fund worth 280 billion won It will partially compensate investors who have lost money.
According to the financial investment industry on the 18th, Woori Bank decided to partially compensate for customer losses related to Simone Alternative Investment Private Equity Trust No. 12 at a board meeting held late last month and recently announced it to customers.
Mirae Asset's multi-asset asset management previously created the fund to lend to the Goldin Financial Global Center building in Hong Kong.
Domestic investors, including Mirae Asset Securities, lent 280 billion won based on the exchange rate to the building in June 2019 as a medium-ranking (Mezannene).
Woori Bank also sold the fund to ultra-high-value asset owners.
However, the shrinking Hong Kong real estate market, falling office demand due to the COVID-19 crisis, and rising interest rates have made it difficult to collect investment from the funds.
In response, Multi-asset Asset Management held a collective investment property evaluation committee on the same day and decided to amortize the fund assets created at around 90%.
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