[Interview] Korean office building market set for further growth: Savills

[Interview] Korean office building market set for further growth: Savills

South Korea’s office building market is poised to continue its record-breaking growth, buoyed by heavy money inflows from overseas investors and the c...

IGIS Asset closes $110 mn purchase of Nestle's Spanish head office

IGIS Asset closes $110 mn purchase of Nestle's Spanish head office

IGIS Asset Management Co. Ltd. has acquired an office building in Barcelona used as Nestle Corporation's Spanish headquarters for 95.6 million euros (...

Microsoft UK’s head office sold to Korean investors for $130 mn

Microsoft UK’s head office sold to Korean investors for $130 mn

A consortium of London-based Valesco Group and South Korea’s AIP Asset Management has acquired Microsoft’s headquarter office in Britain for 100 milli...

Shinhan Alternative invests $300 mn in debt on Brooklyn office complex

Shinhan Alternative invests $300 mn in debt on Brooklyn office complex

Shinhan Alternative Investment Management Inc. has invested $300 million in mezzanine debts against Dumbo Heights, an office campus in Brooklyn, on be...

ADIA seeks to exit Seoul office building as new supply fuels competition

ADIA seeks to exit Seoul office building as new supply fuels competition

Abu Dhabi Investment Authority (ADIA) will put a 14-story office building in Seoul up for sale, in a deal expected to fetch between 550 billion and 60...

[Deal Broker] Ex-ATM vendor behind Korean investors’ global real estate push

[Deal Broker] Ex-ATM vendor behind Korean investors’ global real estate push

Union Station in Washington D.C., InterContinental Boston and luxury hotel Grosvenor House in London are among the landmark commercial buildings that ...

KTB completes $160 mn office building purchase at Brussels Airport

KTB completes $160 mn office building purchase at Brussels Airport

KTB Investment & Securities Co. Ltd. has bought a new office building within the Brussels Airport complex for around 180 billion won ($160 million...

NPS’ global PE head promoted to lead global alternative investment

Hyung-Don Choe, global private equity head of the National Pension Service (NPS), was promoted on August 1 to lead the pension fund’s global...

NPS’ domestic alternatives head and NY office head offer to quit

NPS’ domestic alternatives head and NY office head offer to quit

Domestic alternative investment head and New York office head of the National Pension Service (NPS) have recently expressed intentions to resign, the ...

Korea’s GEPS to commit $88 mn to global ESG equity fund

The Government Employees Pension Service (GEPS) will commit 100 billion won ($88.4 million) to a global equity fund integrating environmental, social ...

NPS says in bidding for Goldman Sachs’ new London head office

NPS says in bidding for Goldman Sachs’ new London head office

The National Pension Service (NPS) confirmed its bid for Goldman Sachs’ new headquarters in London, after media reports said that the South Korean pen...

Blackstone, Temasek’s Mapletree in $700 mn auction for Samsung Town office

Blackstone, Temasek’s Mapletree in $700 mn auction for Samsung Town office

The Blackstone Group and Temasek-backed Mapletree Investments are competing with South Korean asset managers and brokerage firms in the auction for Sa...

Korea Investment buys US office buildings of eBay and GSK for $260 mn

Korea Investment buys US office buildings of eBay and GSK for $260 mn

Korea Investment & Securities Co. Ltd. has bought a Silicon Valley campus of eBay Inc. for 140 billion won ($130 million), shortly after closing t...

[RFP] Korea Post to allocate $200 mn to global buyout PE funds in 2018

Korea Post’s insurance unit plans to commit $200 million to around three blind-pool private equity funds for buyout strategy in 2018 to invest in the ...

[ASK 2018 SUMMIT] NPS to boost direct alternative investment via overseas offices: CEO

[ASK 2018 SUMMIT] NPS to boost direct alternative investment via overseas offices: CEO

The National Pension Service (NPS) will improve the role of its overseas offices in New York, London and Singapore to increase direct investment in al...

[RFP] POBA to allocate $150 mn to global blind-pool PEF managers

The Public Officials Benefit Association (POBA) plans to commit up to $150 million to global blind-pool private equity funds for three types of strate...

Mirae Asset to acquire Blackstone’s London office building for $460 mn

Mirae Asset to acquire Blackstone’s London office building for $460 mn

Mirae Asset Financial Group is set to acquire a prime office building in the City of London from the Blackstone Group for £340 million ($461 million...

[RFP] Korea Post seeks global infrastructure fund houses for $500 mn

Korea Post plans to commit up to $500 million to global infrastructure blind-pool funds to make equity investments in core infrastructure assets, acco...

KKR consortium poised to buy $1 bn Seoul office tower

A consortium of KKR & Co. and South Korea’s IGIS Asset Management Co. Ltd. on March 30 was selected as a preferred buyer of twin office towers in ...

Korea teachers fund allocates $1 bn for new global alternatives in 2018

Korea teachers fund allocates $1 bn for new global alternatives in 2018

The Korean Teachers’ Credit Union (KTCU) plans to invest an additional 1.1 trillion won ($1 billion) in overseas alternative assets in 2018, out of th...

[RFP] Korea Post seeks two global PEF managers for $200 mn co-investment

Korea Post plans to allocate a total of $200 million to two global private equity fund managers employing co-investment strategies. It will receive p...

Blackstone, Korea Post among bidders for $1 bn new office tower in Seoul

Blackstone, Korea Post among bidders for $1 bn new office tower in Seoul

Twin office towers under construction in Seoul, worth an estimated 1.1 trillion won ($1 billion), have attracted Blackstone Group, Korea Post and five...

POBA mulls JV launch with global pension funds for alternative investment

The Public Officials Benefit Association (POBA) is considering forming project-based joint ventures with global pension funds in pursuit of high-quali...

Mirae Asset’s unit buys Morgan Stanley’s new Scotland head office building

Mirae Asset’s unit buys Morgan Stanley’s new Scotland head office building

Multi Asset Global Investments Co. Ltd., wholly owned by South Korea’s Mirae Asset Global Investments Co. Ltd., has acquired Morgan Stanley’s new head...

Korean REIT buys Vienna office building for $71 mn

Korean REIT buys Vienna office building for $71 mn

JR AMC Co. Ltd., a South Korean real estate investment trust (REIT), has acquired an office building used as the headquarters of Porr AG, a European c...

IFM Investors opens Seoul office; upbeat on renewable energy

IFM Investors opens Seoul office; upbeat on renewable energy

Australia’s IFM Investors opened its eighth global office in Seoul on Nov. 30, at a time when key South Korean asset owners stressed the importance of...

KIC CIO to speak in global real estate, infrastructure summit in Seoul

KIC CIO to speak in global real estate, infrastructure summit in Seoul

Korea Investment Corporation (KIC) Chief Investment Officer Shinwoo Kang will give a keynote speech in a global real estate and infrastructure summit ...

PAG buys Seoul office building from POBA-led fund for $270 mn

PAG buys Seoul office building from POBA-led fund for $270 mn

Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Bene...

Ex-NPS global alternatives heads move to Korean law firms as advisors

Two former global alternative investment heads of South Korea’s National Pension Service (NPS) moved to the country’s top law firms to advise on alter...

[RFP] Korea Post seeks six global equity fund houses

Korea Post’s savings unit plans to select two global stock managers for exchange-traded fund (ETF) investment around the end of September, and four ot...

BTS’ Suga, MLB star Chan Ho Park to join Oakland Athletics as shareholders Celltrion secures $730 mn to buy biosimilar unit shares, pursue M&A Korean commercial act revision to drive reevaluation of equities: J.P. Morgan S.Korea to elevate science minister to deputy prime minister to lead in AI race Allianz-backed Koh Young’s brain surgery robot set for US debut by end-August