Tag: Seoul
Icheon logistics warehouse sells for KRW70bn
KB Real Estate Trust has sold a logistics warehouse facility in Icheon, about one hour from downtown Seoul…
Lotte makes hotel reservation in Gangnam
KOREA’S largest listed REIT, Lotte REIT, has diversified into the hotel and lodging sector with the KRW300 billion…
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.…
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…
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…
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…
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…
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…
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…
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.…