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Kwek Leng Beng

Singapore’s CDL Selling Hilton Millennium Seoul Hotel to IGIS for $930M

2021/12/13 by Beatrice Laforga Leave a Comment

City Developments Ltd (CDL) is set to sell the Hilton Millennium Hotel in Seoul, along with an adjoining site, to local fund manager IGIS Asset Management for KRW 1.1 trillion ($930 million) as the Singapore-listed developer continues to divest loss-making… Read More>>

Jason Lee, Managing Director, CIO and Senior Portfolio Manager, APAC, AEW

AEW Buying Pair of South Korea Warehouse Projects for $538M

2021/11/10 by Beatrice Laforga Leave a Comment

AEW Capital Management has acquired a $538.2 million portfolio of Greater Seoul warehouses to mark its first logistics investment in South Korea, the US-based real estate fund manager said late last week.

Through a forward purchase deal, the asset manager… Read More>>

galaxy soho

Soho Shares Sink 40% as Blackstone Deal Fails and More Asia Real Estate Headlines

2021/09/13 by Pimfha Chandhapradit Leave a Comment

Soho China leads today’s roundup of regional news headlines, as the mainland developer’s shares dive in the wake of Blackstone’s failed buyout of the firm and the husband-and-wife team at the top take in the US Open women’s final to… Read More>>

Mark Smith - Digital Realty APAC

Digital Realty Spends $66M for Seoul Site to Build 64MW Data Centre

2021/07/31 by Christopher Caillavet Leave a Comment

US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to develop its second project in South Korea.

The world’s largest data centre trust plans to… Read More>>

Millennium Hilton Seoul

CDL Said Exploring $891M Sale of Seoul Hotel and More Asia Real Estate Headlines

2021/05/26 by Michael Cole Leave a Comment

The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.

… Read More>>

Harry Lee of Hines

Hines to Build Multi-Storey Cold Chain Centre in Greater Seoul

2021/05/18 by Christopher Caillavet Leave a Comment

Hines on Tuesday announced the development of Namyang Logistics Center in South Korea, marking the US real estate firm’s second cold storage project in Asia Pacific in the last six months.

The five-storey logistics centre in Hwaseong, a Greater Seoul… Read More>>

Digital Edge CEO Samuel Lee

Singapore’s Digital Edge Investing $120M in Pair of Korean Data Centres

2021/04/02 by Christopher Caillavet Leave a Comment

Digital Edge is enlarging its regional footprint, with the data centre startup’s first investment in South Korea coming just months after it was established in August last year.

The Singapore-based data centre operator, backed by New York’s Stonepeak Infrastructure Partners,… Read More>>

Hines's managing director, Drew Huffman

Hines Ramps Up APAC Presence With New Hires in Japan, South Korea

2021/02/24 by Christopher Caillavet Leave a Comment

Hines has brought aboard local veterans to strengthen its teams in Japan and South Korea, as the US-based developer looks to transition from the investment advisory sphere to a focus on acquisitions and development in the two markets.

Joining the… Read More>>

Seoul Office Deals Reached Record $12.1B in 2020 and More Asia Real Estate Headlines

2021/01/25 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.

Seoul… Read More>>

The building that Keppel recently sold last December

Keppel to Market Seoul Office Towers for Over $200M and More Asia Real Estate Headlines

2021/01/20 by Pimfha Chandhapradit Leave a Comment

In Mingtiandi’s latest roundup of regional news headlines, Singapore-based Keppel makes preparations to sell two office buildings in Seoul, Hong Kong residential developers seize an opportunity to launch super deluxe projects, and a high-end Tokyo mall reels from pandemic-driven store… Read More>>

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MTD TV

Adrian Lee of AEW
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People in the News

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A man pegged to be Singapore’s next prime minister leads this week’s review of personnel updates in the region as … Read More>>

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In an announcement to the Hong Kong stock exchange late on the eve of China’s Mid-Autumn Festival holiday on Thursday … Read More>>

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Peter Dinning Avison

Canadian property consultancy Avison Young has entered the Vietnam market, linking up with an existing 100-person team … Read More>>

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