Blackstone has hired Angelo Gordon veteran Chris Kim to lead the private equity giant’s newly created real estate team in South Korea, part of an expansion in the country that includes the opening of a new office in Seoul’s Gwanghwamun… Read More>>
Data centre startup Digital Edge has formed a KRW 1 trillion ($1 billion) joint venture to build a 120 megawatt server facility near Seoul which will rank as South Korea’s largest when completed, according to an announcement on Tuesday.
“Korea… Read More>>
Investors purchased $5.8 billion in stabilised logistics assets in South Korea during 2021 — a level which was more than four times the 2015 to 2019 average, according to data from MSCI-RCA. That surge in sales of completed assets marks… Read More>>
M&G Real Estate on Thursday announced its purchase of a 97 percent stake in a Greater Seoul office building for KRW 264.5 billion ($214.6 million), marking the UK fund manager’s fourth acquisition in South Korea since 2020 on behalf of… Read More>>
The vacancy rate in Seoul’s Grade A office sector fell to 4 percent in the first three months of the year, the lowest level since 2010, with a lack of new supply signalling a landlord’s market for at least the… Read More>>
Industrial specialist Logos has launched its first South Korean development venture alongside Dutch fund manager Bouwinvest and two unnamed institutional investors, aiming to deploy up to $1.3 billion to build logistics facilities in Greater Seoul.
Logos and its partners in… Read More>>
Singapore’s CapitaLand Investment (CLI) and PGIM Real Estate have launched a value-add warehouse investment vehicle in South Korea just months after setting up a core logistics strategy in the north Asian nation.
The joint venture has already acquired the Hansol… Read More>>
The Canada Pension Plan Investment Board has revealed its latest splash in Asia’s data centre market, announcing a KRW 200 billion ($160 million) joint venture to develop the largest carrier-neutral hyperscale data centre in South Korea.
The Jukjeon Data Centre… Read More>>
Actis this week announced a series of global partner promotions, including upgrading senior executives in South Korea and India active in data centres and renewable energy, as the London-based fund manager continues to emphasise infrastructure and real estate investments.
The… Read More>>
Mapletree Logistics Trust has acquired a newly-built warehouse in South Korea for KRW 88.5 billion ($74 million) as the Singapore-based trust expands its footprint in one of Asia’s largest e-commerce markets.
The trust’s manager told the Singapore Exchange late Monday… Read More>>