South Korea

Samsung gets new lease on life in Gangnam

LOOKING to capitalise on favourable office leasing conditions, insurer Samsung Life Insurance has signed a new major agreement in the heart of the Gangnam district. Samsung Life Insurance will occupy…

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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

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…

Stable property values limit Asia Pacific investors debt liabilities

PROPERTY investors in Asia Pacific face a relatively small funding gap of US$8.4 billion on US$257 billion of outstanding senior…

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…