South Korea
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 Pacific on hold, and further cap rate expansion can be…
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Lasted South Korea
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…
Kumho accelerate expansion in Korea
CHINESE-owned South Korean tire manufacturer Kumho Tire has acquired a new site for over KRW116 billion (approximately US$84 million) with…
ESR taps into credit appetite for South Korea
ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real estate credit investment platform in…
Prime office rents stabilising
PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering the region’s…