BoI invests for clients in Seoul IFC

Bank of Ireland Private Banking has confirmed it has invested about €50m on behalf of its clients in the development of the International Finance Centre in Seoul (IFC Seoul), South Korea.

IFC Seoul will be a €1.6bn, mixed use commercial development. It will comprise about 5.7 million square feet of office, retail and entertainment facilities, including a 450-bedroom, five-star hotel. The development will be located in Yeouido, a leading financial district with an excellent transport and communications infrastructure in Seoul city centre.