Asia real estate and outbound investment news
A KKR-led consortium is selling a newly developed logistics facility near Seoul, according to an announcement today by the company, as the rise of South Korea’s e-commerce sector helps drive investor demand for warehouse assets.
The US private equity giant… Read More>>
Property consultancy Colliers International has brought in a new face to run its Korean operation, with the Toronto-based firm installing Robert Wilkinson as the head of its Seoul office starting this week.
Wilkinson, who has been with Colliers since 2011,… Read More>>
Korea’s NH Investment & Securities has taken a step toward acquiring one of Seoul’s largest office projects, after being selected as the preferred bidder for Tower 2 of the city’s Parc 1 complex, according to sources familiar with the project… Read More>>
PAG has teamed up with Seoul-based Inmark Asset Management to acquire the landmark Grand Hyatt Seoul hotel, as the city’s hospitality sector continues to draw interest from foreign investors.
The Hong Kong-based private equity firm, together with its co-investors, is… Read More>>
M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired a logistics facility near Seoul on behalf of its core Asia property investment vehicle for $131 million (KRW 155.5 billion), according to an announcement by the… Read More>>
PAG has signed a memorandum of understanding with Hyatt Hotels Corporation to acquire the Grand Hyatt Seoul for approximately KRW 500 billion ($410 million), according to market sources cited in the Korea Economic Daily.
The investment management firm led by… Read More>>
As discontent over the government’s extradition bill roiled the Hong Kong economy, and with mainland authorities keeping a tight clamp on cash, commercial real estate transaction volume fell over 42 percent in Hong Kong during the second quarter of this… Read More>>
A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>
Singapore private equity firm Keppel Capital has agreed to purchase a set of three Seoul office buildings for a combined KRW 430 billion ($370.5 million), according to an announcement by the firm on Monday.
Keppel Capital is buying the asset… Read More>>
The sale of a jumbo-sized housing plot in the New Territories has brought Hong Kong’s MTR Corporation a bumper crop of bids as the real estate market in the world’s priciest city shows signs of recovery.
The Asian financial hub’s… Read More>>
