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 (...

[Interview] Korea military fund aims to cash in $700 mn bad assets within 3 yrs

The Military Mutual Aid Association (MMAA) will liquidate half of its 1.6 trillion won ($1.4 billion) worth of non-performing assets by early 2021 and...

GS EPS-Mirae Asset consortium buys 10% stake in US gas power plant

A consortium of South Korean power producer GS EPS Co. Ltd. and Mirae Asset Daewoo Co. Ltd. has agreed to buy a 10% stake in a New Jersey-based gas po...

Vietnam’s Vingroup raises $400 mn from new stock sale to Hanwha Asset

Vingroup JSC, Vietnam’s largest conglomerate, has issued convertible preferred shares to raise $400 million in a private placement to South Korea’s Ha...

KB Asset to extend $30 mn credit on Peru power transmission line

KB Asset Management Co. Ltd. has participated in a $170 million refinancing package of a power transmission line in Peru by providing a $30 million se...

Kiwoom Asset provides $45 mn senior loan on Britain’s care homes

Kiwoom Asset Management Co. Ltd. has offered a £35 million ($45 million) senior loan secured against a portfolio of 110 care homes of Britain’s larges...

Hanwha Asset invests $44 mn in Tokyo hotel-backed mezzanine debt

Hanwha Asset Management Co. Ltd. has made its first direct investment in Japan’s commercial property market by underwriting 49.8 billion won ($44 mill...

KTCU, Mirae Asset to invest $143 mn in debt on Blackstone's power plant: report

The Korean Teachers’ Credit Union (KTCU) and three units of Mirae Asset Financial Group will invest a combined 160 billion won ($143 million) in senio...

[Interview] Meritz Real picks US retail assets, shorter-term property loans

US commercial buildings with global brand shops or fresh food stores are likely to generate strong returns enough to offset higher dollar hedging cost...

Mirae Asset underwrites $243 mn senior debt on Australian coal terminal

Mirae Asset Daewoo Co. Ltd. has bought the entire A$330 million ($243 million) senior debt recently issued on Abbot Point coal terminal in Queensland,...

KTB Asset invests $90 mn in mezzanine debt on InterContinental Boston

KTB Asset Management Co. Ltd. has invested $90 million in a mezzanine debt on InterContinental Boston, participating in a $265 million refinancing pac...

HNA sells US property to Samsung, tapping Korean buyers for US asset: report

HNA Group has sold a Minneapolis office tower to Samsung SRA Asset Management Co. Ltd. for $320 million and is now tapping South Korean institutional ...

[ASK 2018 SUMMIT Panel Talks] Korean LPs lean toward non-dollar assets

South Korean asset owners are increasingly turning to non-dollar assets because the weakening US dollar erodes expected returns after currency hedging...

[ASK 2018 SUMMIT] Korea Post seeks alternative long-term assets

Korea Post’s insurance unit is looking for new alternative long-duration assets to meet demand for long-term stable yields, because the recent rush in...

Korean asset firm backs Hyundai reform plan; NPS remains indecisive

An independent South Korean investment firm has become the first institutional shareholder in Hyundai Mobis Co. Ltd. publicly supporting the Hyundai M...

KTB Asset invests in refinanced loan on Union Station

KTB Asset Management Co. Ltd. has invested an undisclosed amount in a debt secured on Union Station in Washington D.C. on behalf of three South Korean...

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...

Mirae Asset invests $300 mn in senior debt on Hong Kong skyscraper

Mirae Asset Daewoo Co. Ltd. has invested $300 million in a senior debt issued to finance the $5.2 billion acquisition of The Center, a landmark skyscr...

Mirae Asset seeks to launch $940 mn Asia start-up fund with Korea’s Naver

Mirae Asset Daewoo Co. Ltd. and South Korea’s top internet portal Naver Corp. are looking to invest as much as 1 trillion won ($940 million) in Asia...

Mirae Asset, NH Investment seek to resell $94 mn stake in London building

Mirae Asset Daewoo Co. Ltd. and NH Investment & Securities Co. Ltd., which closed the £242 million ($340 million) joint acquisition of an London o...

Korean credit cooperatives picks seasoned insurance asset manager as CIO

MG Korean Federation of Community Credit Cooperatives, which manages $50 billion of assets, named Sang-hun Kim, a former managing director and head of...

KTB Asset sources $80 mn mezzanine debt deal on London hotel

KTB Asset Management Co. Ltd. has sourced its first Europe real estate debt investment for South Korean institutional investors with a £56.9 million (...

Mirae Asset close to buying Carrefour-leased new logistics center in Poland

Mirae Asset Global Investments Co. Ltd., a leading South Korean asset manager, is close to acquiring a new logistics center in Poland for an estimated...

Hangang Asset invests $47 mn in debt on Blackstone-owned Orlando hotels

Hangang Asset Management Co. Ltd. has invested 50 billion won ($47 million) in a mezzanine debt on two luxury hotels in Orlando, Florida, on behalf of...

Korea scientists fund to commit $34 mn to BlueBay Asset’s Europe debt fund

Korea Scientists and Engineers Mutual-aid Association (SEMA) has committed €28 million ($34 million) to a European mid-market private debt fund of Blu...

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...

Mirae Asset buys $95 mn debt on Blackstone-owned Cosmopolitan hotel

Mirae Asset Daewoo Co. Ltd., the brokerage arm of South Korea’s leading mutual fund house, has bought a $95 million mezzanine debt on the Cosmopolitan...

Hana Asset to raise $105 mn from retail investors to buy DreamWorks campus

Hana Asset Management Co. Ltd. plans to raise 117.5 billion won ($105 million) in a public fund from South Korean individual investors to fund its 350...

KB Asset raises €165 million to invest in €1 bn Mirova infrastructure fund

KB Asset Management Co. Ltd. has closed a domestic fund at around €165 million to invest in a €1 billion infrastructure fund of Mirova, an investment ...

[RFP] Korea scientists fund to pick $120 mn multi-asset SMA manager

Korea Scientists and Engineers Mutual-aid Association (SEMA) is planning to allocate around $120 million to a separately managed account (SMA) of mult...