Korean brokerages to unveil public funds for US, Europe property deals

South Korean brokerage firms, on the buying spree of US and European real estate, will roll out public real estate funds in the coming months to sell ...

Korean insurers to acquire L’Oréal’s office building near Paris for $500 mn

South Korea’s Vestas Investment Management Co. Ltd. was selected as a preferred buyer of an office building of L’Oréal near Paris late last month, and...

Korean insurers invest $100 mn in Google-leased Silicon Valley building

South Korean insurance firms have invested about 120 billion won ($100 million) in senior loans secured by an office tower in Silicon Valley leased to...

US gas power projects lure Korean private loan investors: report

Gas-fired power plants in the pipeline in northeast U.S. states are expected to attract South Korean institutional investors in search of 5~6% annual ...

Korean funds, NH insurers to invest $215 mn in mezzanine debt of Google NY building

Two South Korean savings funds are set to invest 100 billion won ($85 million) in junior mezzanine debt secured by a Manhattan office building leased ...

Korean fund to put $42 mn in two aircraft funds; $900 mn aviation fund in final stage of fundraising

South Korea’s Public Officials Benefit Association (POBA) has decided to invest $42 million in mezzanine debt of two aircraft funds which will buy use...

Korean asset firm underwrites $61.5 mn mezzanine loan of LA office building

A South Korean handbag maker’s fund management unit has invested $61.5 million in mezzanine debt of a prime office building in Los Angeles, jointly wi...

Two Korean firms on NASA building deal as local rival steps aside: report

A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. was recently picked as a new preferred negotiator of the...

Korean funds cut 2017 return targets; keen on infrastructure, mezzanine debt: report

The Korean Teachers’ Credit Union (KTCU), the Military Mutual Aid Association (MMAA) and three other major South Korean savings funds have trimmed the...

Police fund, 4 other Korean firms to put $100 mn in Emirates aircraft fund

The Police Mutual Aid Association and four other South Korean institutional investors will underwrite $100 million of mezzanine tranches in an aircraf...

KIC, Korean fund to invest $130 mn in US hotels-backed mezzanine debt: report

Korea Investment Corporation (KIC) and the country's Local Finance Association will invest a total of 153 billion won ($130 million) in U.S. mezzanine...

Korean asset firm raises $79 mn to invest in Blackstone-owned Las Vegas hotel

A small-sized South Korean asset management firm, Hyundai Investments Co. Ltd., has raised a real estate fund to invest 93 billion won ($79 million) i...

Korean funds to invest $295 mn in Asian warehouse developer e-Shang: report

South Korean institutional investors will buy about 350 billion won ($295 million) worth of senior loans secured by distribution centers of Warburg Pi...

Korean firm holds off on buying NASA building after Trump election shock

A South Korean asset manager has temporarily put on hold an acquisition of the NASA headquarters building in Washington D.C., after rising interest ra...

Korean insurers tapped for Google NY building-backed $130 mn mezzanine loans

South Korea’s IGIS Asset Management Co. Ltd. is tapping domestic insurance companies to sell mezzanine loans of about 150 billion won ($130 million) s...

Korean insurers to invest $240 mn in senior loans for US FBI building

South Korean life and non-life insurance firms will provide about $240 million worth of senior financing for a historic 10-story office building in Wa...

Korean institutions to fund Qantas Airway’s aircraft lease with $20 mn mezzanine loan

A South Korean brokerage firm is raising $20 million in mezzanine debt from two to three domestic institutional investors to finance Australia’s Qanta...

Korean funds mull $260 mn mezzanine financing for Brookfield’s IFC Seoul purchase

Brookfield Asset Management is in talks with the Korean Teachers’ Credit Union (KTCU) and a state-run mortgage lender to secure 300 billion won ($261 ...

Carlyle seeks new strategic partner to bid for McDonald’s Korean unit

The Carlyle Group has been left as the sole bidder for the South Korean operations of McDonald’s, after a local dairy which had teamed up with the U.S...

Korean asset manager set to buy NASA headquarters building for about $350 mn

KTB Asset Management Co. Ltd. has been picked as the preferred buyer of the NASA headquarters building in Washington D.C. on behalf of small-sized Sou...

Korean investors to fund Air France’s plane lease with $34 mn mezzanine loan

The Public Officials Benefit Association (POBA) and the Yellow Umbrella Mutual Aid will invest $34 million in mezzanine debt to fund Air France’s $115...

Korean VC firms invest in UK drug developer, first after Brexit

Celleron Therapeutics Ltd., a cancer treatment developer founded by Oxford University professors, is poised to attract $26 million from South Korean a...

Europe banks return to Korean brokerage market; target debt, alternative products

A growing asset size of South Korean institutional investors and soaring demand for overseas alternative assets have been prodding foreign banks, incl...

Korean brokerage firm to buy Novartis campus in Paris for $454 mn: report

Korea Investment & Securities Co. Ltd. is set to buy an office building of Swiss pharmaceutical company Novartis under construction in Paris for 5...

Apollo secures $72 mn from Korean funds for German property refinancing

Apollo Global Management has attracted 80 billion won ($72 million) from a couple of South Korean pension funds to refinance part of bank loans it had...

CVC set to buy Korean parcel delivery firm for about $300 mn

Baring Private Equity Asia has named CVC Capital Partners as the preferred buyer of South Korea’s No.4 parcel delivery company, which the Carlyle Grou...

US rate hike talk alters Korean fund’s US property investment strategy

The Public Officials Benefit Association (POBA) has decided to withdraw $70 million from a U.S. real estate fund that makes bets on property price ris...

Korean public officials’ fund to invest $40 mn in cat bonds

The Public Officials Benefit Association (POBA), a savings fund for South Korean public officials, will select about two management firms to commit $4...

HPS, Crescent Capital win Korean pension fund’s $100 mn PDF mandates

The Government Employees Pension Service (GEPS) will commit $50 million to U.S.-based HPS Investment Partners and Crescent Capital Group each for over...

Carlyle teams up with Korean dairy to buy McDonald’s local unit

The Carlyle Group has joined forces with a local dairy to bid for the South Korean operations of McDonald’s in a deal reportedly worth 600 billion won...