Brookfield is said to have moved into late-stage negotiations with ESR’s ARA Korea unit for the sale of its Conrad Seoul hotel, with that story leading Mingtiandi’s roundup of headlines from around the region today. Also in the news, China… Read More>>
Controlling Stake in Korea’s IGIS Said Up for Sale and More Asia Real Estate Headlines
A controlling stake in South Korea’s IGIS Asset Management has gone on the market, with that story leading today’s headline roundup from around the region. Also making the list, Deutsche Bank is not impressed by restructuring plans at China’s Shimao,… Read More>>
Asia Real Estate People in the News 2024-01-08
Board moves at a pair of mainland China giants lead Mingtiandi’s roundup of personnel moves this week with the country’s biggest hotel operator named a new finance boss and CITIC adding a Huarong executive to its board. Also in the… Read More>>
Former China Everbright Boss Arrested for Graft and More Asia Real Estate Headlines
The arrest of the former chairman of a Chinese financial giant leads today’s collection of real estate headlines from around the region, as the mainland’s graft crackdown continues. Also in the news, Capitaland’s China REIT prices a set of offshore… Read More>>
ESR KS REIT, Hines, JLL and IGIS Confident in Face of Korea Shed Tsunami: MTD TV
https://player.vimeo.com/video/829300917?h=38df1f506cVideo can’t be loaded because JavaScript is disabled: Mingtiandi Asia Logistics Forum 2023: Logistics Investment in Korea (https://player.vimeo.com/video/829300917?h=38df1f506c)
South Korea’s warehouse market is headed for a challenging year amid a surge in supply and slowing rent… Read More>>
Speaker Bio: Leo Kwon of IGIS Asset Management MTD TV Productions
Leo serves as the head of the Global Platform Investment Team 1 at IGIS Asset Management (“IGIS”), assisting global institutional investors in successfully fulfilling their various capital allocation requirements. He actively contributes to the management of IGIS’s existing investment platforms,… Read More>>
Panel: Logistics Investment in Korea MTD TV Asia Logistics Forum 2023
Transactions of Korea logistics assets in the first quarter were down by more than half compared to the same period last year, but had begun to show signs of a rebound as they rose 9.2 percent from the fourth… Read More>>
KKR Buying Central Seoul Office Building From IGIS Asset Management
KKR has agreed to buy an office building in central Seoul on behalf of managed funds that include the buyout giant’s flagship Asia real estate vehicle.
KKR is acquiring the Namsan Green Building, a 57,574 square metre (619,721 square feet)… Read More>>
Brookfield Funds Default on $161M US Office Debt and More Asia Real Estate Headlines
US defaults and Korean delays lead today’s collection of real estate headlines from around the region, as Brookfield fails to make payment on debt linked to a Washington DC area office portfolio and sources in Seoul says a KKR joint… Read More>>
Singapore’s Centurion Sells Seoul Student Housing Asset to Exit South Korea
Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW 21.25 billion ($16 million), as the rental residential specialist narrows the scope of it student accommodation strategy.
Centurion, together with… Read More>>