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Seung Youn Kim, Chairman

Korea Deal Streak Continues as Hanwha Sells Gangnam Office Building for $242M

2024/04/15 by Michael Cole Leave a Comment

Korea’s Hanwha Asset Management has sold an office tower in Seoul’s Gangnam business district for $242 million as the Korean capital continues to rank among Asia’s regional hotspots for commercial property transactions.

The Seoul-based investment manager agreed last month to… Read More>>

China Aoyuan chairman Guo Ziwen in happier days (Getty Images)

China Aoyuan Unloads Zhuhai Project Stake and More Asia Real Estate Headlines

2023/02/06 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, developer China Aoyuan sells its controlling stake in a Zhuhai project as mainland-listed builders report their worst earnings in at least seven years.

Aoyuan Completes Disposal of 60% Stake in… Read More>>

people's bank of china pboc

China’s PBOC Cuts Rates as Economy Staggers and More Asia Real Estate Headlines

2022/08/15 by Proud Channara Leave a Comment

Disappointing data on China’s economy prompted some of today’s biggest headlines, with the mainland’s central bank moving quickly to cut rates at same time that JP Morgan analysts are predicting more gloom for developers.

Also in the news, an SGX-listed… Read More>>

Frasers Tower Singapore

Frasers Property in Talks for Sale of SG’s Frasers Tower and More Asia Real Estate Headlines

2019/04/09 by Michael Cole Leave a Comment

A mysterious suitor, or group of suitors leads Asia’s real estate headlines today as they kick the tires on Frasers Tower in Singapore’s Tanjong Pagar area.

The Lion City also figures into the sale of a 3.8 percent stake in… Read More>>

Chua Thian Poh Ho Bee

Singapore’s Ho Bee Land Buys London Office Block for £650M

2018/06/19 by Richard Meyer Leave a Comment

Singapore’s Ho Bee Land has agreed to acquire a property in London that increases its already sizeable holdings in the European financial capital by about 50 percent.

The £650 million ($864 million) acquisition of Ropemaker Place, a 21-storey office building,… Read More>>

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