South Korea

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 billion (approximately US$52 million). The Logistics Center is located at…

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Japan Logistics Fund reconfigure portfolio with US$400m deals

THE Japan Logistics Fund (JLF) has reweighed its real estate portfolio through an asset sale…

Conglomerate lands Greater Seoul warehouse for US$157m

AN industrial and logistics facility in Incheon has been snapped up for KRW225 billion (approximately…

Asia Pacific CRE transactions reach new high

IT was a buoyant year for the Asia Pacific commercial real estate market with investment…

ST Telemedia scale up data centre in India

IN a significant move signalling Telangana's growing prominence as a global technology hub, ST Telemedia…

Lasted South Korea

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…

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…