ESR KendallSquare REIT recaps logistics asset in S. Korea 81 billion KRW
ESR KendallSquare REIT (365550 KS) has achieved a significant milestone by successfully selling a logistics asset for 81 billion KRW (approximately US$62 million), this transaction has garnered an impressive total investment return of c.30% over a period of 2.5 years
Colliers Korea achieves success in May with closure of three major transactions worth USD780 million
Leading diversified professional services and investment management company Colliers announces a highly successful month in May, marked by the completion of three significant deals with a combined value of USD780 million (KRW1 trillion), marking the only major transactions closed in the Seoul...
JLL advises Mirae Asset Global Investments on prime Seoul office transaction
JLL announced that it has advised Mirae Asset Global Investments on the sale of Alphadom Tower in the Pangyo Business District in Seoul. Acting as the sole sales advisor, JLL negotiated the transaction on behalf of Mirae Asset Global Investments to buyer...
CBRE Korea Adds Unique and Engaging Content to Kakao's New Pangyo Agit Office Building
CBRE Korea successfully completed comprehensive real estate services including workplace strategy, retail leasing advisory for Kakao’s new office building ‘Kakao Pangyo Agit’.
While rents in Seoul’s major retail districts have drifted sideways in 2022, future rental growth will be determined in part by the attractiveness of the physical store in providing customer experiences.” Says 2023 Korea Retail Market Outlook Report by Savills, Simon Smith Savills Regional Head...
ESR successfully completes a landmark, Class A 150,000 sqm logistics complex in the prime Gimpo market in South Korea
ESR Group Limited, APAC’s largest real asset manager powered by the New Economy, today announced that its South Korean subsidiary, ESR-Kendall Square, has completed the Geomdan Logistics Park, a landmark, Class A 150,000 sqm logistics complex in the prime Gimpo market in South Korea.
Asia Pacific Real Estate Investors Target Opportunistic Strategies in 2023: CBRE Survey
Melbourne has joined Sydney as a top 10 Asia Pacific destination for international real estate capital, according to CBRE’s 2023 Asia Pacific Investor Intentions Survey.
Companies are paying more to rent space in Asia’s green buildings: JLL study
Analysis concludes that green certified buildings across 11 major Asian cities command a premium of up to 28%, according to new research from the real estate consultant.
CBRE Korea volunteers deliver ‘briquettes of love’ and donations to underprivileged in Gaemi Village
CBRE Korea held an in-house fundraising event that raised 6 million won. The company is planning to deliver warmth to families in Gaemi Village who are experiencing hardships by donating the funds to the Babsang Community Foundation and Briquette Bank.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.
