South Korea
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 the parent company’s position in its industrial and real estate…
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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
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…
Taeyoung tees off Korean golf course
DEBT distressed Korean builder Taeyoung Engineering & Construction has sold a golf course for over KRW195 billion (approximately US$142 million).…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Gyeonggi-do, South Korea SK…
DB HiTek supercharge semiconductor manufacturing
MAJOR Korean contract chip manufacturer DB HiTek is developing a new facility to meet the company’s growth. The company will…
Asia Property Journal Deals Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Retail Suzhou, China Financing provider…
Trillion won deal gives Seoul a shot in the arm
TWO back-to-back office transactions totalling KRW1.5 trillion (approximately US$1.1 billion) have given Seoul’s office market a much-needed confidence boost. In…