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IDC Yeoksam Centre

Gangnam in Style as Seoul Office Vacancy Falls to 12-Year Low

2022/04/13 by Christopher Caillavet Leave a Comment

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>>

trent iliffe

Logos Sets Up $1.3B Korean Logistics Development Venture With Bouwinvest

2022/04/05 by Christopher Caillavet Leave a Comment

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>>

matthew sohn

CapitaLand-PGIM JV Buys $74M Cold Chain Facility in South Korea

2022/03/23 by Beatrice Laforga Leave a Comment

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>>

gille chow cppib

CPPIB Announces $160M Seoul Area Data Centre JV

2022/03/21 by Christopher Caillavet Leave a Comment

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>>

Scott Choi Actis

Actis Adds Partners in Seoul, Mumbai in Global Leadership Upgrade

2022/03/09 by Pawara Laothamatas Leave a Comment

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>>

Ng Kiat MLT

Mapletree Logistics Trust Buys 20th South Korean Shed For $74M

2022/03/01 by Beatrice Laforga Leave a Comment

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>>

Joe Gooi

SC Capital Kicks Off Data Centre Platform With $500M Seoul Project

2022/02/28 by Christopher Caillavet Leave a Comment

Singapore-based SC Capital Partners has launched an Asia data centre platform, starting with the development of a hyperscale South Korean facility at an expected cost of $500 million.

Headquartered at the investment manager’s Nassim Road office, SC Zeus Data Centers… Read More>>

Anthony Kang ARA Korea

ARA REIT Sells Greater Seoul Office Building to Korea’s Mastern for $853M

2022/02/07 by Christopher Caillavet Leave a Comment

A trust managed by Singapore’s ARA Asset Management has sold the Alpharium Tower office building near Seoul for KRW 1.02 trillion ($853 million), nearly doubling its investment in the 2015-vintage asset.

Located in the Pangyo tech hub less than an… Read More>>

Charles Meyers

GIC and Equinix Expand Hyperscale Data Centre JV to Korea with $525M Deal

2022/01/27 by Christopher Caillavet Leave a Comment

Singaporean sovereign wealth fund GIC and US data centre firm Equinix have agreed to form a $525 million joint venture to develop and operate two hyperscale facilities in South Korea, following similar initiatives in Europe and Japan.

The pair of… Read More>>

Hines's managing director, Drew Huffman

Hines Developing Second Cold Chain Warehouse in South Korea

2022/01/10 by Christopher Caillavet Leave a Comment

Hines continues to bet on refrigerated storage as it expands its industrial holdings in Asia Pacific, with the US developer this week announcing a new logistics centre in South Korea as its third cold chain project in the region.

The… Read More>>

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