South Korea

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 first transaction, Korean traditional foods manufacturer Singsong Food Corporation has…

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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

Blackstone sells Korean office for $USD588m

PRIVATE equity giant Blackstone has finalised the sale of its major Korean office asset in Seoul, Arc Place, to local…

Asia Pacific appetite for flexible workspace continues to grow

DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…

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…

Foreign investment in South Korea – Don’t get carried away!

There’s been a lot of talk about foreign investment in the South Korean property market in recent times and in…

South Korea’s powerhouse property market

SOUTH Korea's Real Estate market is expected to reach a staggering value of USD$26.69tn in 2024. According to global research…