Korea’s corporate HQ buildings are becoming clean power generators
ESG is one of the most frequently mentioned keywords in South Korea today. It stands for environmental, social and corporate governance, the three...
Metaverse makes digital nomads the new norm
It’s been about four months since Lee Seul, a manager at real estate app Zigbang, worked from the company office in Gangnam, one of South Kore...
Hilton Seoul likely to be transformed into office
Millennium Hilton Seoul, the venue of South Korea's 1997 negotiations to secure a $58 billion rescue package from the International Monetary Fund, w...
Downtown Seoul office building prices rise to record high
Office building prices in downtown Seoul set a fresh record high this month, with the highest price of one pyeong, or 3.3 square meters, surpassing ...
JR AMC buys $140 mn stake in NY office building
South Korea's JR AMC Co. has signed a $140 million agreement to buy a 49.9% stake in a New York office building from JPMorgan Asset Management. Once...
Korean investors in renewed push for global property deals
South Korea's IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fa...
KIC opens San Francisco office to boost VC deals
The Korea Investment Corporation (KIC) officially opened its San Francisco office on Mar. 26, as part of its efforts to improve deal sourcing and in...
Blackstone to open Seoul office for improved communication
The Blackstone Group is working to set up a Seoul office, seven years after the US investment firm closed it down, in response to growing calls from...
Hana Alternative acquires US office building for $201 mn
South Korea’s Hana Alternative Assets Management Co. has acquired an office building in Charlotte, North Carolina, for $201 million. Wells Far...
Seoul office building transactions at record high in 2020
Brisk investment demand drove office building prices higher in Seoul and its southern neighboring area last year, with their combined transactio...
Keppel looking to exit two Seoul office towers for over $200 mn
Singapore-based Keppel Investment Management is preparing to sell two office buildings in Seoul, less than two years after it acquired them for arou...
Hana Financial acquires $740 mn Seattle office tower
Hana Financial Investment has acquired a 95% stake in a 38-story downtown Seattle office tower for $740 million from Skanska AB, a Swiss-based m...
Hyundai’s ex-design chief Donckerwolke named chief creative officer
Hyundai Motor Co. has appointed former design chief Luc Donckerwolke as the automaking group’s chief creative officer, a new post created as par...
Korea Investment acquires California-based office building worth $86 mn
Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...
Hana Financial named preferred buyer of $700 mn Seattle office tower: report
A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...
Silence over NPS chief investment officer's tenure raises eyebrows within the financial community
Silence over the tenure of incumbent chief investment officer (CIO) at the National Pension Service is stirring up talk within the global asset manage...
POBA eyes distressed assets; reduces office buildings exposure
The Public Officials Benefit Association (POBA) will aggressively chase distressed assets to take advantage of the recent market downturn, while scali...
KKR consortium buys Seoul office tower from NPS
A consortium of KKR & Co. and two South Korean companies have closed the acquisition of a Seoul office tower from the National Pension Service (NP...
KIC to boost startup investment with new San Francisco office
Korea Investment Corporation will open a San Francisco office within the year to improve its deal sourcing capability for technology startups and othe...
NH, Shinhan fund Helsinki office complex purchase with $210 mn equity
NH Investment & Securities Co. Ltd. and Shinhan Investment Corp. have underwritten about 250 billion won ($210 million) in equity to fund the 480 ...
Eugene Investment acquires Poland office building for $61 mn
Eugene Investment & Securities Co. Ltd. has entered the European real estate market with the purchase of an office building in Warsaw, Poland for ...
Hana Fin buys Germany’s office complex from Blackstone for $1.1 bn
Hana Financial Investment Co. Ltd. closed on the 1.3 trillion won ($1.1 billion) purchase of Germany’s largest office complex in Frankfurt from ...
Korean firms in all-out effort to sell down Paris office buildings
South Korean brokerage firms are stepping up efforts to sell down their remaining equity investments of around 600 billion won ($518 million) in the P...
Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office
Kiwoom Asset Management Co. Ltd. plans to raise 50.7 million euros ($56.2 million) from individual investors in South Korea in August to buy an of...
JR AMC to buy Hungary office building for $47 mn
JR AMC Co. Ltd., a real estate investment trust in South Korea, has agreed to buy a pre-completed office building in Budapest for 42.3 million euros (...
Hana Fin acquires Prague office building for $147 mn
Hana Financial Investment Co. Ltd. made a 130-million-euro ($147 million) acquisition in Prague’s office property market in June, just a few months af...
Mirae Asset, NH Investment join $134 mn Slovakia office deal
Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd. have participated in a 120-million-euro ($134 million) acquisition of an Amazo...
KIC picks Teachers’ Pension CIO as new chief investment officer
Korea Investment Corporation (KIC) has chosen Dae-yang Park, chief investment officer of the country’s Teachers’ Pension, as new CIO among a dozen app...
Samsung Sec to buy French office complex for $778 mn
Samsung Securities Co. Ltd. is set to acquire an office building west of Paris for 691 million euros ($778 million), following a string of recent prop...
NH-Hana consortium buys $294 mn Amsterdam office for renovation
A consortium of NH Investment & Securities Co. Ltd. and Hana Financial Investment Co. Ltd. has acquired an office building in Amsterdam for 350 bi...
