Brookfield completes $1.9 bn debt refinancing on IFC Seoul
Brookfield Asset Management Inc. has borrowed an additional 475 billion won ($402 million) on International Finance Center in Seoul (IFC Seoul) in a 2...
PAG likely to buy Hyatt hotel in Seoul and nearby land for $400 mn
Hong Kong-based investment firm PAG has been named a preferred buyer of Grand Hyatt Seoul and its nearby residential land which are valued at abou...
Brookfield seeks refinance of $1.5 bn debt on IFC Seoul
Brookfield Asset Management Inc. is seeking to refinance 1.8 trillion won ($1.5 billion) of debts it borrowed on the International Finance Center in S...
Credit Suisse-led fund buys Korean logistics centers for $104 mn
A fund led by Credit Suisse Asset Management’s real estate investment arm has acquired two logistics centers in South Korea for 120 billion won ($104 ...
PGIM to secure $60 mn from Seoul office sale to Keppel
PGIM Inc., the asset management arm of US-based Prudential Financial Inc., is set to pocket about 70 billion won ($60 million) in capital gains from i...
Crianza Aviation leads $600 mn aircraft finance for Etihad Airways
Crianza Aviation, a South Korean aircraft leasing firm, has completed a financing estimated at $600 million to buy three Boeing 787-9s for Etihad Airw...
Keppel Group unit set to net $250 mn from value-add deals in Seoul
Alpha Investment Partners, part of Singapore-based Keppel Capital, is set to secure over $250 million from selling two Seoul office buildings for arou...
Keppel likely to buy three Seoul buildings in $400 mn package deal
The South Korean unit of Singapore-based asset manager Keppel Capital was picked as the preferred buyer for three Seoul office buildings in a package ...
Invesco to build $186 mn modern logistics center in Korea
Invesco will put 208 billion won ($186 million) into a modern logistics center development near Seoul, betting on the fast-growing online delivery mar...
Mirae Asset buys Amazon-leased US distribution center for $78 mn
Mirae Asset Daewoo Co. Ltd. has closed a $78 million acquisition of an Amazon-occupied new distribution center near Atlanta, funded partly by a senior...
French PE Ardian opens 4th Asian office in Seoul
Paris-based private equity house Ardian has opened a Seoul office as its fourth Asian base, as South Korean institutional investors such as pension fu...
Ascendas buys $69 mn Seoul hotel from KTCU-backed fund
Singapore’s Ascendas Hospitality Trust has acquired a hotel in downtown Seoul for 77.5 billion won ($69 million) from a South Korean real estate fund ...
Korean banks lend club loan for $115 mn aircraft debt finance
Three big South Korean lenders have lent a $85 million club loan to ALAFCO, a Kuwait-based aircraft leasing company, which recently raised $115 millio...
KKR, NPS to invest $700 mn in $1.9 bn Seoul real estate project
Private equity firm KKR & Co and South Korea’s National Pension Service (NPS) will make an equity investment of 800 billion won ($704 million) in ...
NH Investment named as preferred buyer of Seoul Square in $873 mn deal
NH Investment & Securities Co. Ltd. was chosen as the preferred buyer for a landmark Seoul office building, according to the South Korean brokerag...
Korean brokerages provide $115 mn financing backed by rolling stock in Spain
Hana Financial Investment Co. Ltd. and NH Investment & Securities Co. Ltd. have extended 99 million euros ($115 million) in a three-year loan to f...
Alpha Investment in talks to sell Seoul building for over $850 mn
Singapore-based Alpha Investment Partners is in negotiations with Hana Financial Investment Co. Ltd. to sell a landmark office building across S...
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...
World’s first real estate blockchain expo to take place in Seoul
Real Estate Blockchain Expo 2018 (RBE 2018), the world’s first real estate blockchain expo, will be held in Seoul this coming September. The exp...
NH Investment provides $235 mn financing to US gas power plant
NH Investment & Securities Co. Ltd. has underwritten a $200 million senior debt and a $35 million equity interest for the construction of a natura...
M&G Real Estate to buy $1 bn Seoul building as KKR backs down
M&G Real Estate of London-based Prudential Plc. will sign an agreement soon to buy new twin office towers in Seoul for around 1.1 trillion won ($1...
Korean banks extend $130 mn loans for Asian aircraft financing: reports
Three South Korean lenders – KDB Bank, Woori Bank and Industrial Bank of Korea (IBK) - have recently provided a combined $130 million in direct loan...
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 ...
Ex-deputy finance minister named as Korea Investment Corp’s CEO
Heenam Choi, an executive director of the International Monetary Fund and former South Korean deputy finance minister, was appointed as chief executiv...
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...
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...
Anbang Life-backed fund buys Seoul building for $225 mn
A fund led by a South Korean unit of China’s Anbang Life Insurance Co. Ltd. has bought a prime office building in Seoul for 240 billion won ($22...
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...
Ascendas-Singbridge buys mid-sized building in Seoul for $92 mn
Singapore’s Ascendas-Singbridge Group closed the acquisition of a newly-built office building in Seoul for S$124.3 million ($92.3 million) this week, ...
Carlyle offers $1.7 bn pre-arranged financing to sell ADT Korea
The Carlyle Group has offered 1.9 trillion won ($1.7 billion) in pre-arranged debt financing to potential bidders of its wholly-owned ADT Korea, in a ...
