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Jongno Tower Seoul

KB Asset Management Sells Seoul’s Jongno Tower to SK REIT for $431M

2022/10/31 by Christopher Caillavet Leave a Comment

South Korea’s KB Asset Management has sold a 33-storey office building in Seoul to a REIT controlled by local conglomerate SK Group for KRW 621.5 billion ($431.7 million) after securing debt financing in a challenging borrowing environment.

SK REIT, which… Read More>>

sun hongbin sunac

Sunac China Raises $953M in Share Sale Combo and More Asia Real Estate Headlines

2021/11/15 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, Chinese developer Sunac raises cash from the sale of shares and a chunk of its property management arm, Singapore’s private home sales rebound after two months of declines, and Korean conglomerate SK Group… Read More>>

Jalan Anak Bukit

Far East Org, Sino Make 3 of 5 Bids for Bukit Timah Site and More Asia Real Estate Headlines

2021/06/30 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, sister firms Far East Organization and Sino Group place multiple bids for a Singapore development site, Hongkong Land adds to its pile of sustainability-linked loans, and China’s fresh grads struggle to pay rents… Read More>>

Former Anbang Unit Buys Beijing Office Tower From SK Group for $1.4B

2021/06/09 by Christopher Caillavet Leave a Comment

Beijing’s investment market is showing further signs of life after a local insurer paid RMB 9.06 billion ($1.4 billion) for the SK Tower in the capital’s central business district, marking the biggest transaction for an office building in China during… Read More>>

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Asia Real Estate People in the News 2023-05-22

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A promotion at a leading Hong Kong real estate fund manager leads this week’s roundup of people moves from around Asia, … Read More>>

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Rush Desai is adding some senior talent to his team at Varsity Group Asia Pacific in Singapore, with the company … Read More>>

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US developer and fund manager Hines has added three new hires to its Japan team, led by Kiyohito Motoyama as director of … Read More>>

WeWork Boss Sandeep Mathrani Steps Down, Joins Sycamore Partners

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WeWork’s ongoing turnaround will continue without the leadership of chairman and CEO Sandeep Mathrani, who is leaving … Read More>>

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