South Korea
Seoul swims in the right direction with KRW430bn sale
A MAJOR property located next to a swimming pool and sports complex in Seoul’s expensive Seocho District has sold for KRW430.11 billion (approximately US$305.24 billion), in further signs that capital…
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South Korea’s political turmoil shakes confidence
THE recent short-lived declaration of martial law by impeached South Korean President Yoon Suk Yeol, has knocked the wind out…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Other Hong Kong Savills has…
South Korean pension fund invests in US debt
THE Government Employees Pension Service (GEPS) of South Korea has awarded a $100 million private capital mandate to Nuveen with…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Office Singapore Hong Fok Corporation…
Seoul comes alive, rebound to finish 2024 strongly
SOUTH Korea’s commercial real estate market continues to rebound strongly towards the tail end of 2024, with two office sales…
Canada pension fund doubles down on Korean data centres
THE Canada Pension Plan Investment Board (CPP Investments) is solidifying its bet on South Korea's burgeoning digital infrastructure sector with…
KG Dongbu sells excess industrial property
SOUTH Korean metal products maker KG Dongbu Steel has sold a valuable piece of land in the Chungcheongnam, a province…
Seoul investment rebound, investors cautiously optimistic
COMMERCIAL real estate investment activity in Seoul bounced back strongly in Q3 2024 to KRW6.7 trillion, underpinned by large transactions.…