South Korea
Lotte makes hotel reservation in Gangnam
KOREA’S largest listed REIT, Lotte REIT, has diversified into the hotel and lodging sector with the KRW300 billion (approximately US$250 million) acquisition of a prime property in Gangnam. The trust…
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GLP expands China logistics and data centres business
GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics…
GIC withdraws US$1bn Seoul sale amidst political uncertainty
SINGAPORE’S sovereign wealth fund GIC and CBRE Group have pulled the plug on their proposed…
Empyrion Digital makes foray into AI-ready centre in Taiwan
DIGITAL infrastructure player Empyrion Digital has joined forces with Giga Computing, a subsidiary of GIGABYTE,…
Singaporean sells Shanghai commercial office
SINGAPORE diversified real estate investment trust OUE REIT has sold its interest in a commercial…
Lasted South Korea
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.…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Land Bintulu, Malaysia Sarawak Consolidated…
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…
Samsung gets new lease on life in Gangnam
LOOKING to capitalise on favourable office leasing conditions, insurer Samsung Life Insurance has signed a new major agreement in the…
Hanwha Solutions merges with real estate business
KOREAN conglomerate Hanwha Solutions will merge with the KRW1.32 trillion Hanwha Global Asset Corporation, in a strategic move to bolster…
Blackstone readapt Korean office into hotel
GLOBAL investment manager Blackstone has snapped up an office building in South Korea’s capital of Seoul, with plans to redevelop…