Korean offices lead Mingtiandi’s review of real estate headlines from around the region today as a pair of asset managers trade a newly completed Seoul project. Also making the news are Link REIT’s effort to exit its first Australian asset… Read More>>
Korea’s Mastern Teams With KT Living on Seoul Rental Housing Project
Seoul-based Mastern Investment Management has partnered with the rental housing arm of property giant KT Estate on a 440-unit development in the Korean capital.
Mastern’s 22-storey project at Guui subway station in Seoul’s eastern Gwangjin district is part of a… Read More>>
Australia’s NextDC Data Centres Raises $850M and More Asia Real Estate Headlines
Cash for data centres leads Mingtiandi’s review of real estate news from around the region today, with Australian operator NextDC raising fresh debt facilities to expand its network. Also in the news, the liquidators of China Evergrande hope that the… Read More>>
Mastern Said to Receive $630M Bid for Seoul Tower and More Asia Real Estate Headlines
South Korea’s Mastern Investment Management picks local player KIS as the preferred bidder for a 34-storey Seoul office tower, with that prospective deal leading today’s headline roundup. Also in the news, Hong Kong’s New World Development offers additional properties as… Read More>>
Mastern Completes $246M Sale of Seoul Office Tower and More Asia Real Estate Headlines
Korean investor Mastern confirms its disposal of an office tower in Seoul’s Gangnam district, with that divestment leading today’s headline roundup. Also in the news, Sweden’s EQT completes its acquisition of listing website PropertyGuru and Brookfield’s India REIT raises $412… Read More>>
Korea’s Mastern Sells Central Seoul Office Tower to NH REITs for $653M
Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno district to NongHyup REITs for $653 million.
The transaction of D-Tower Donuimun is 2024’s biggest deal closing in the Seoul central business district and… Read More>>
Korea’s Lotte REIT Buys Gangnam Commercial Tower From Mastern Fund for $247M
A real estate investment trust sponsored by Korea’s fifth largest conglomerate is acquiring its first non-retail asset with Lotte REIT announcing on Monday that it is buying a hotel and office tower in Seoul’s Gangnam district from a vehicle controlled… Read More>>
Korea’s Mastern Buying Seoul Office Project From AM Plus for $220M
Seoul’s red-hot office market has produced another big-ticket deal, with Mastern Investment Management revealing its forward purchase of an under-development building north of the Han River for KRW 310 billion ($220 million).
The 11-storey office block is being constructed by… Read More>>
Asia Real Estate People in the News 2024-02-19
A top level departure at the biggest name in Aussie finance leads this week’s roundup of personnel moves from around the region, with Korea’s Mastern Investment Management also making a major hire from competitor Mirae. Gaw Capital Partners is on… Read More>>
Mastern Sells Seoul Office Tower to Apparel Giant for $261M
Korea’s Mastern Investment Management sold a nearly-completed office building in Seoul’s Gangnam business district late last month as Korea’s office market continues to defy a global slowdown.
The real estate fund manager, which manages over 150 assets worldwide, announced in… Read More>>