South Korea
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 (KRW791,669,725,000). Blackstone is the world's largest alternative asset manager was advised…
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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
Asia Pacific prime rents continue free fall
PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila,…
Korean VC shows confidence in Asia long-stay sector
SOUTH Korea’s largest venture capital, the USD$3.2 billion Korean Investment Partners (KIP) has thrown its support behind LiveIn, long-stay rental…
Korean hotels a top performer, CBRE report
ROBUST domestic and international demand have cemented Korea’s status as one of the top performing hotel markets in Asia Pacific…
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…
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…