South Korea

JLL appoints new Korean boss

LEADING international real estate firm JLL (NYSE: JLL) has appointment of Taeho Yi as Country Manager for Korea, from June this year. Yi returns to JLL after a stint with…

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Luxury retail rents continue to recover

TSIM Sha Tsui in Hong Kong held on to the title as the world’s most…

LVGEM sell and leaseback Shenzhen shopping mall

REAL estate developer and investment company LVGEM has taken steps to improve its financial position…

Japanese group expands in Waikiki

JAPAN’S Financial Partners Group Co has acquired a rare hotel conversation opportunity in heart of…

China Overseas property sales fall by 33pc

HONG Kong-based real estate developer China Overseas has reported weaker property sales across its businesses…

Lasted South Korea

Asia Pacific Power shortages impact data centres, CBRE

POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report…

Mirae offload Seoul office for KRW300bn

SOUTH Korea’s largest investment banking group Mirae Asset Securities is in due diligence to sell its Seoul office building in…

Brookfield sells Seoul hotel for significant discount

CANADA'S Brookfield Asset Management has sold the five-star Conrad Seoul hotel in South Korea to Singapore's ARA Asset Management for…

Stable property values limit Asia Pacific investors debt liabilities

PROPERTY investors in Asia Pacific face a relatively small funding gap of US$8.4 billion on US$257 billion of outstanding senior…

Asia Pacific prime rents continue free fall

PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…

Korean VC shows confidence in Asia long-stay sector

SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental…

Korean hotels a top performer, CBRE report

ROBUST domestic and international demand have cemented Korea’s status as one of the top performing hotel markets in Asia Pacific…

Asia Pacific investors take cautious approach

DELAYS to interest rate cuts and a limited risk appetite have put the recovery in investment activity across the Asia…