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KKR Consortium Buys Seoul Office for Reported KRW 500B 

2020/03/03 by James Hatton Leave a Comment

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>>

Sun Hung Kai Properties chairman Raymond Kwok

SHK Hotel Business Takes a Beating and More Asia Real Estate Headlines

2020/03/01 by James Hatton Leave a Comment

Hong Kong’s biggest developer by value leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the company’s hotels business took a pounding in the second half of last year, with the group’s chairman… Read More>>

adam neumann

Ex-WeWorker was Paid $2M to Hush Up Sex and Drug Claims and More Asia Real Estate Headlines

2020/02/25 by James Hatton Leave a Comment

Allegations of hedonism and sexual assault lead the way in Mingtiandi’s roundup of Asia real estate headlines today as a former employee of WeWork is said to have been paid $2 million to stay quiet about the drug and sex… Read More>>

the squaire frankfurt

South Korea Led Asia’s Outbound Investors in 2019 with $17B in Deals

2020/02/20 by James Hatton Leave a Comment

South Korean buyers spent $17 billion on real estate outside of their home region during 2019, making the country Asia Pacific’s biggest cross-border property investor last year, according to data provider Real Capital Analytics.

Driven by office investments in Paris,… Read More>>

China housing

China Home Sales Plunge 90% in Early Feb and More Asia Real Estate Headlines

2020/02/11 by James Hatton Leave a Comment

Mainland China’s beleaguered housing market leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the market braces for worse to come after home sales plunged 90 percent in the first week of February compared with the… Read More>>

Korea’s NH Investment, Shinhan Lead €480M Buy of Helsinki’s Biggest Office Building

2020/02/05 by James Hatton Leave a Comment

Some of South Korea’s best-known investors have trekked across the North Pole to find partners for the largest ever single-asset office investment in Finland’s history.

A pair of Korean brokerages – NH Investment & Securities and Shinhan Investment Corp –… Read More>>

John Pattar KKR

KKR Sells Seoul Logistics Facility to Pebblestone Asset Management

2020/02/04 by James Hatton Leave a Comment

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>>

rob wilkinson Colliers

Colliers Appoints Rob Wilkinson Head of Korea

2020/02/01 by Michael Cole Leave a Comment

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>>

Jeong Young Chae nh investment

Korea’s NH Investment Selected as Preferred Bidder for $863M Seoul Tower

2020/01/19 by Michael Cole 2 Comments

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>>

AXA European Logistics Fund

AXA Wins KRW 130B Korean Commitment to Euro Sheds Fund and More Asia Real Estate Headlines

2020/01/11 by James Hatton Leave a Comment

Warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean pension fund is committing $111 million to a French insurer’s $1.6 billion European logistics fund.

In other news around the… Read More>>

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