South Korea ramps up investment in real estate debt
"The largest transaction by South Korean lenders in the past year was IGIS Asset Management’s $220 million debt for CalPERS’ acquisition of 787 7th Avenue." Miyeon Lee JLL Global Capital Markets team.
Leo Nam from JLL reports that the South Korean government’s “2030 Youth Housing” program is set to provide affordable quality residences for young people.
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.