South Korea

CapitaLand got the midas touch in Seoul

GLOBAL real asset manager CapitaLand Investment has wrapped up its newest fund in South Korea with the acquisition of Golden Tower in Seoul for KRW440.8 billion ($S428.5 million). The Golden…

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Keppel connects to Taiwan data centre

SINGAPOREAN global asset Keppel has made a strategic move to ride on the tailwinds of…

ESR taps into credit appetite for South Korea

ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real…

Yuexiu Property lobs US$350m winning bid for Beijing site

THE Guangzhou Government-backed property developer Yuexiu Property has purchased a significant land in one of…

Daito expands with takeover of Housecom

IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction…

Lasted South Korea

Daishin pulls the plug on US$497m sale

KOREA’s financial investment company Daishin Securities has cancelled the sale of its headquarters in Seoul because the buyer could not…

Taeyoung divests Seoul HQ as part restructuring

DEBT distressed Korean builder Taeyoung Engineering & Construction Co has sold its headquarters in Seoul to shore up its books.…

Koramco in KRW300bn office play

KOREA’s largest REIT manager Koramco has traded almost KRW300 billion (approximately US$220 million) worth of offices in Seoul. In the…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Retail Kuala Lumpur, Malaysia Revenue…

Icheon logistics warehouse sells for KRW70bn

KB Real Estate Trust has sold a logistics warehouse facility in Icheon, about one hour from downtown Seoul for KRW69.33…

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…

LaSalle invests US450m in Seoul logistics

GLOBAL player LaSalle Investment Management has purchased two logistics facilities in Greater Seoul, South Korea for US$450 million. The properties…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Retail Hong Kong Shop A&B…