Acquiring Company
WEAVE LIVING
Acquired Company
Rich Tower
Description
Weave Living has completed its acquisition of Rich Tower, a residential property near Seoul National University, in partnership with GIC. This acquisition adds 78 apartments to Weave's portfolio, as the company continues to expand its presence in the Korean rental housing market. The property is expected to cater to the growing number of foreign students attending the university.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Rich Tower?
Rich Tower was acquired by WEAVE LIVING, based in Salt Lake City. The deal was reported on September 6, 2026. WEAVE LIVING is Asia-Pacific’s leading specialist in the living sector, focusing on premium residential experiences. The company develops and manages high-quality rental properties across key urban locations in Japan. WEAVE LIVING is privately held and operates in Hospitality.
When did WEAVE LIVING acquire Rich Tower?
WEAVE LIVING's acquisition of Rich Tower was reported on September 6, 2026. Weave Living has completed its acquisition of Rich Tower, a residential property near Seoul National University, in partnership with GIC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rich Tower do?
Rich Tower is a residential property located near Seoul National University, featuring 78 apartments and office units. The building was developed by Yoo Jun-ho and is part of a commercial district close to the university. It is privately held, operating in Real Estate, and is based in South Korea.
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