South Korea
Brookfield sells Seoul hotel for significant discount
CANADA'S Brookfield Asset Management has sold the five-star Conrad Seoul hotel in South Korea to Singapore's ARA Asset Management for heavily discounted price of KRW 400 billion (US$289 million), more…
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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
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…
Macquarie acquires Seoul data centre for US$530m
MACQUARIE Asset Management, the world’s largest infrastructure manager, is increasing its exposure in digital infrastructure with the acquisition of a…
Asia Pacific capital markets turning the corner
COMMERCIAL real estate investment volumes have recovered from the 2023 downturn. According to JLL’s data, CRE volumes increased by 2%…
Samsung REIT secures Gyeonggi-do office
THE Samsung FN REIT has expanded its portfolio with the KRW 125.87 billion acquisition of the Samsung Fire & Marine…
Hanwha pays USD 584m for Seoul office
KOREAN asset manager Hanwha Asset Management has acquired a Seoul office building for KRW 808 billion won (approximately USD$ 584…
Asia Pacific Power shortages impact data centres, CBRE
POWER shortages across the Asia Pacific is driving rent increases in the emerging data centre market, according to a report…
Mirae offload Seoul office for KRW300bn
SOUTH Korea’s largest investment banking group Mirae Asset Securities is in due diligence to sell its Seoul office building in…