Asia Pacific real estate investment news and information
After achieving Hong Kong’s third-largest IPO of 2019, logistics giant ESR this month announced plans to raise fresh capital through an initial public offering of a Korean real estate investment trust in December.
The new REIT is being sponsored by… Read More>>
ARA Asset Management has completed Seoul’s biggest building buy this year, picking up a newly completed office tower in a deal valued at KRW 1 trillion ($897 million) according to a statement on Tuesday.
The Singapore-based investment manager has purchased… Read More>>
Nuveen Real Estate continued its focus on northern Asia this week as the Chicago-based fund manager announced the $122 million (KRW 145 billion) acquisition of a last-mile logistics facility near Seoul.
The purchase of the 84,300 square metre ( 907,397… Read More>>
UK fund manager Actis continues to bet on data centres with the announcement today of a joint venture with Korean conglomerate GS Group.
The deal comes amid a flurry of data centre investment in Asia Pacific as the COVID-19 pandemic… Read More>>
A consortium comprising Hong Kong’s Phoenix Property Investors, UK-based fund manager Actis and South Korean developer SK D&D has sold a two-tower office complex in southwestern Seoul for KRW 545.8 billion ($449.2 million).
The tri-national team offloaded the Young City… Read More>>
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>>
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>>
