Two S. Korean firms to purchase NASA building

A consortium of two South Korean financial firms has been picked as the preferred bidder to purchase the headquarters building of the U.S. National Aeronautics & Space Administration (NASA) in Washington D.C., industry sources said Thursday.

A consortium of Korea Investment & Securities Co. and Hana Asset Management Co. was selected on Wednesday (Washington time) as the winning bidder to buy the building for some US$360 million.

NASA uses the building as its headquarters under a lease contract due to expire in 2028. (Yonhap)