Asia Pacific real estate investment news and information
Two private funds of Singapore’s Keppel Corp have acquired an office tower in the Seoul CBD for an undisclosed amount, increasing the conglomerate’s South Korean assets under management to nearly KRW 2.6 trillion ($2 billion).
The Bank of Korea’s Sogong… Read More>>
City Developments Ltd has acquired a 408-room hotel in Seoul for KRW 140 billion ($110 million), betting on strong demand driven by international visitors to South Korea.
Singapore’s biggest non-state-controlled developer bought the Nine Tree Premier Hotel Myeongdong II from… Read More>>
ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 million) as the REIT makes space in its portfolio for a pair of newly built facilities.
The Korea-listed REIT announced… Read More>>
LaSalle Investment Management on Wednesday announced the acquisition of two warehouses in Icheon on behalf of a Korean logistics joint venture between the firm and an unnamed Middle Eastern sovereign wealth fund.
The warehouses are run by LaSalle’s Logiport logistics… Read More>>
Tishman Speyer has made a key hire in its newly opened Seoul office, with the US developer and fund manager bringing aboard Jerry Hyunjae Park as senior director of acquisitions.
South Korean native Park has spent more than a decade… Read More>>
South Korea’s warehouse market is headed for a challenging year amid a surge in supply and slowing rent… Read More>>
ESR Kendall Square REIT has acquired an Icheon logistics park for KRW 127 billion ($96 million), bringing the number of assets in the Korea-listed trust to 18.
The newly purchased asset, due to be completed this month, adds 46,041 square… Read More>>
Transactions of Korea logistics assets in the first quarter were down by more than half compared to the same period last year, but had begun to show signs of a rebound as they rose 9.2 percent from the fourth… Read More>>
KKR has agreed to buy an office building in central Seoul on behalf of managed funds that include the buyout giant’s flagship Asia real estate vehicle.
KKR is acquiring the Namsan Green Building, a 57,574 square metre (619,721 square feet)… Read More>>
Singapore-based Centurion Corp has sold off its sole student housing property in South Korea in a deal valued at KRW 21.25 billion ($16 million), as the rental residential specialist narrows the scope of it student accommodation strategy.
Centurion, together with… Read More>>
