Seoul apartments’ average selling price tops 1 billion won for first time

The average selling price of apartment units in Seoul has surpassed the psychologically important 1 billion won ($845,000) mark for the first time, al...

Silence over NPS chief investment officer's tenure raises eyebrows within the financial community

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...

Korean REIT backed by Amazon’s Japan warehouse seeks Seoul IPO

A South Korean brokerage firm with a 50.1% stake in Amazon’s largest distribution center in Japan is seeking to list a real estate investment tr...

Bain Capital to invest $123 mn in South Korean online education startup

Bain Capital to invest $123 mn in South Korean online education startup

ST Unitas, known for English test and civil service exam preparation classes in South Korea, will receive around 150 billion won ($123 million) in inv...

POBA eyes distressed assets; reduces office buildings exposure

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...

KIC's moving out of Seoul gains momentum after April election

KIC's moving out of Seoul gains momentum after April election

The South Korean government is expected to push ahead with the plan to move Korea Investment Corporation (KIC) and other public agencies to provincial...

Teachers’ Pension names ex-education ministry official as CEO

Teachers’ Pension names ex-education ministry official as CEO

The Teachers’ Pension has named former senior education ministry official Myung-hyun Ju as its chief executive officer for a three-year term sta...

Two Europe-focused REITs seek $600 mn IPOs in Seoul

Two Europe-focused REITs seek $600 mn IPOs in Seoul

Two real estate investment trusts (REITs) backed by office buildings in Belgium and France are planning to raise a combined $600 million through initi...

KKR consortium buys Seoul office tower from NPS

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

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, 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 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 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

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...

Brookfield completes $1.9 bn debt refinancing on IFC Seoul

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

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...

Kiwoom Asset sets up $56 mn retail funds to buy Amsterdam office

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...

Brookfield seeks refinance of $1.5 bn debt on IFC Seoul

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...

JR AMC to buy Hungary office building for $47 mn

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 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, 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

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 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

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...

KTB Investment seals $326 mn acquisition of Vienna office building

KTB Investment seals $326 mn acquisition of Vienna office building

KTB Investment & Securities Co. Ltd. has recently completed the acquisition of an office building in Vienna used as the Austrian headquarters of T...

Daishin Asset unveils $68 mn public fund for Tokyo office purchase

Daishin Asset unveils $68 mn public fund for Tokyo office purchase

Daishin Asset Management Co. Ltd. has launched a public fund to raise up to 80 billion won ($68 million) to fund its $180 million purchase of a Tokyo ...

Hana likely to acquire Tour CBX on France office buying spree

Hana likely to acquire Tour CBX on France office buying spree

Hana Financial Investment Co. Ltd. is likely to continue its buying spree for French office buildings by adding Tour CBX, worth around 400 million eur...

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...

Hana resells $50 mn equity in Paris office; to lend on France asset

Hana resells $50 mn equity in Paris office; to lend on France asset

Hana Financial Investment Co. Ltd. has recently completed the resale of its 58 billion-won ($50 million) equity investment in a Paris office building ...

Mirae Asset plans $500 mn bond issue; invests in HK office debt

Mirae Asset plans $500 mn bond issue; invests in HK office debt

Mirae Asset Daewoo Co. Ltd. plans to raise more than $500 million in a global bond issuance early next month to fund its global investments, after ann...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale