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Rob Percy Cromwell

Cromwell, IGIS to Buy Italian Logistics Assets From DHL for €52.5M

2020/07/30 by Jonathan Burgos Leave a Comment

ASX-listed Cromwell Property Group said Wednesday it has tied up with South Korean real estate investor IGIS Asset Management to buy a set of Italian logistics assets from express giant DHL for €52.5 million ($61.6 million).

The DHL portfolio comprises… Read More>>

ESR IPO

Canadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate Headlines

2020/07/21 by Michael Cole Leave a Comment

Warehouses lead Mingtiandi’s real estate headlines from around the region today, with Warburg Pincus selling 7 percent of Hong Kong-listed ESR to a Canadian pension fund manager that had taken a cornerstone stake in the logistics developer’s IPO.

Read More>>

he xiangjian

Midea Boss Survives Kidnapping Attempt in Foshan and More Asia Real Estate Headlines

2020/06/16 by Michael Cole Leave a Comment

Hostage drama in a private golf resort is on the playbill for Asia’s real estate investors today as the billionaire founder of one of China’s biggest appliance makers is rescued from an attack in his luxury home.

Also in the… Read More>>

KKR Consortium Buys Seoul Office for Reported KRW 500B 

2020/03/03 by James Hatton Leave a Comment

A consortium led by KKR has purchased an office tower in Seoul for a reported KRW 500 billion ($420 million), marking the US private equity giant’s fourth property investment in South Korea.

KKR said in a statement announcing the acquisition… Read More>>

Paul Tham Keppel REIT

Keppel REIT Buys PGIM Office Asset for $221M to Break into Seoul Market

2019/04/24 by Jan Kot Leave a Comment

Singapore-listed Keppel REIT has agreed to acquire a freehold Grade A office building located in Seoul’s central business district from PGIM Real Estate, for 252.6 billion won ($221 million), according to an annoucement by the listed trust’s manager.

Keppel REIT… Read More>>

Christina Tan Keppel

Keppel Capital Locks into $400M Talks for Trio of Seoul Office Buildings

2019/03/04 by Jesus Alcocer Leave a Comment

Keppel Capital’s Korean unit has been named the preferred buyer for a trio of Seoul office buildings valued at a combined KRW 450 billion ($400 million), according to a report in The Korea Economic Daily.

The private equity unit of… Read More>>

KKR-Led Group Poised to Buy $1B Seoul Office Project in Record-Breaking Deal

2018/04/03 by Greg Isaacson Leave a Comment

A consortium led by US private equity giant KKR & Co is poised to land the biggest single-asset property deal in South Korean history by scooping up a twin office tower complex in Seoul worth an estimated 1.1 trillion won… Read More>>

MIguel Ko Ascendas

Ascendas-Singbridge Sells Korean Office Project to IGIS for $635M

2017/07/06 by Greg Isaacson Leave a Comment

With backing from the country’s biggest pension fund, South Korea’s largest real estate fund manager has bought a $635 million prime office property in central Seoul from a fund controlled by Singaporean developer Ascendas-Singbridge, according to an announcement this week… Read More>>

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