Asia Pacific real estate investment news and information
Singapore sovereign fund GIC has completed the sale of a central Seoul office tower to an investor group including South Korea’s National Pension Service and Koramco Asset Management for KRW 247.7 billion ($180 million).
The deal value for The Exchange… Read More>>
With investors anticipating a rebound in Korea’s logistics market, Blackstone has teamed with Seoul-based Pebblestone Asset Management to acquire a warehouse facility near the Korean capital for KRW 83.5 billion ($60.4 million).
The US investment giant has invested in a… Read More>>
Hines has acquired a Seoul office building from local furniture maker Hanssem through a vehicle of Korean real estate investment manager Gravity Asset Management, marking the US developer and fund manager’s second Korean office investment as the sector continues to… Read More>>
Singapore-based data centre developer and operator Digital Edge has expanded its Korean footprint with the opening of a 36 megawatt facility in Incheon.
Developed with local builder SK Ecoplant, Digital Edge’s SEL2 facility is the first phase of a 100-plus… Read More>>
A private REIT of South Korean fund manager Koramco has sold an office tower in Seoul’s Gangnam business district to Samsung SRA Asset Management for KRW 1.1 trillion ($820 million).
The disposal of The Asset Gangnam by Kocref 43 REIT… Read More>>
Heitman continues to deploy capital in Asia Pacific under its global core-plus focused strategy, with the US fund manager on Thursday announcing the acquisition of a distribution centre in South Korea.
The property, located an hour’s drive from central Seoul… Read More>>
The Abu Dhabi Investment Authority has made a commitment to alternative asset manager SC Lowy’s South Korean private credit strategy focusing on the real estate sector, the parties announced Tuesday.
The fund will provide real estate credit to developers, construction… Read More>>
Despite regulatory challenges in developing large-scale data centers in South Korea’s Seoul Metropolitan Area, total server facility capacity is projected to surge to 3.2 gigawatts by 2027, marking a 2.4-fold increase from 2023, according to Savills Korea. At the same… Read More>>
Macquarie Asset Management is acquiring a half-stake in a mall project near South Korea’s southeastern coast for KRW 64.5 billion ($48 million), according to company representatives and a statement by its new joint venture partner.
The Australian investor is buying… Read More>>
Singapore’s CapitaLand Investment has completed its KRW 440.8 billion ($330 million) purchase of the Golden Tower office building in Seoul’s Gangnam business district from South Korea’s NPS on behalf of a new private fund.
The fund management arm of property… Read More>>
