South Korea
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 the capital Seoul to Woori Financial Group. In an announcement…
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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
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…
Asia Pacific office rents continue to fall
OFFICE rents across the Asia Pacific continue to decline, according to the latest Knight Frank Prime Office Rental Index for…
Asia Pacific commercial sees 13% jump
JLL report that the Asia Pacific was the only region globally to see growth in commercial real estate investment in…
Gangnam style for $USD242m
KOREA'S Hanwha Asset Management has sold its office tower in Seoul’s Gangnam business district for $USD242 million. According to Colliers…
Blackstone sells Korean office for $USD588m
PRIVATE equity giant Blackstone has finalised the sale of its major Korean office asset in Seoul, Arc Place, to local…
Asia Pacific appetite for flexible workspace continues to grow
DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…
Blackstone sells Seoul asset for $USD587.8 million
NEW YORK listed private equity group Blackstone (NYSE:BX) has sold Arc Place office investment in Seoul, South Korea for $US587.8 million…
Foreign investment in South Korea – Don’t get carried away!
There’s been a lot of talk about foreign investment in the South Korean property market in recent times and in…