NH Investment to acquire $100 mn debt of landmark Boston building

(Updated: Some financing details and background were removed at the request of the sources.) NH Investment & Securities Co. Ltd. will underwrite ...

NH Investment set to buy Tokyo office building for $308 mn

The brokerage arm of South Korea’s national agricultural cooperative has decided to acquire a 23-story skyscraper in Tokyo, for about 350 billion won ...

Mirae Asset poised to buy German building for €300 mn: report

Mirae Asset Global Investments Co. Ltd. was recently named as a preferred buyer of an office tower in Frankfurt’s banking district, Taunusanlage 8 (T8...

Samsung Life taps Europe, Chinese investors to sell London building

Samsung Life Insurance Co. Ltd. is sounding out potential buyers in Europe and China for the London headquarters building of Commerzbank AG, 30 Gresha...

NH Investment drops talks to buy L’Oréal building near Paris

NH Investment & Securities Co. Ltd. has pulled out of negotiations to buy an office building under construction in a suburb of Paris after a due d...

Korean insurers invest $102 mn in senior debts of Manhattan building

Three South Korean insurance firms have invested 115 billion won ($102 million) in senior secured debts of a building in Manhattan, New York which is ...

Korea public officials fund set to buy Belgium building for $117 mn

The Public Officials Benefit Association (POBA) has been recently named as a preferred buyer of an office complex in Brussels, Belgium, in a 130 billi...

Hanwha Investment steps in with $54 mn to keep Europe building deal afloat

Hanwha Investment & Securities Co. Ltd. has decided to commit 60 billion won ($54 million) to a South Korean consortium which was named as a prefe...

Korean firms invest $87 mn in mezzanine debt for Amazon office building in Seattle

Kyobo Life Insurance Co. Ltd. and other South Korean institutions have invested 100 billion won ($87 million) in mezzanine debts backed by an Amazon-o...

NH Investment seeks to buy L’Oreal’s Paris office building from ADIA

NH Investment & Securities Co. Ltd., a brokerage arm of South Korea’s agricultural cooperative, is in the early stages of negotiations with th...

Samsung property fund invests $100 mn in mezzanine debt of US building

A $270 million real estate fund of Samsung SRA Asset Management Co. Ltd. has invested $100 million in mezzanine debts backed by a prime office build...

Veteran Korean real estate investor sees growth in Seoul office building market

Low foreign ownership, swelling assets at South Korean institutional investors and small office space per worker all point to growth potential for...

[Interview] Mirae Asset Life eyes US power plants, buildings to boost overseas investment

(This is the first in a series of interviews with CIOs of South Korea’s leading insurance companies in 2017.) Mirae Asset Life Insurance Co. Ltd., ...

Mirae Asset poised to buy office building in Canberra for $245 mn

South Korea’s Mirae Asset Global Investments Co. Ltd. has been picked as the preferred buyer of a 12-story office building in Canberra, which is entir...

KTB Asset jointly acquires $68.5 mn debt of NY building from Blackstone

South Korea’s KTB Asset Management Co. Ltd. and two other domestic institutions have invested about $68.5 million in mezzanine debt secured by a Manha...

Korean insurers arrange $550 mn debt refinancing of Brookfield’s NY building

The two insurance arms of South Korea’s agricultural cooperative, Nonghyup Life Insurance Co. Ltd and Nonghyup Property & Casualty Insurance Co. L...

Samsung’s property fund reaps $84 mn profit from sale of London office building

A real estate fund of South Korea’s Samsung SRA Asset Management Co. Ltd. has secured 100 billion won ($84 million) in capital gains from the sale of ...

Korea Teachers’ Pension to invest $75 mn in buying Australia’s office building

South Korea’s Teachers’ Pension will acquire an office building in Brisbane, Australia which the Brisbane city government has signed a con...

Korea Investment-led firms to buy EU parliament building for $224 mn

A consortium of Korea Investment & Securities Co. Ltd. and Hana Asset Management Co. Ltd. are tapping domestic institutional investors to acquire ...

Korea’s JB Asset to buy Comcast’s new office building in Denver for $72 mn

JB Asset Management Co. Ltd., a unit of a South Korean provincial bank, has been named as a preferred buyer of a new office building in Denver which C...

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...

Mirae Asset in bidding for $300 mn Charles Schwab’s US building: report

Mirae Asset Financial Group has recently submitted a letter of intent to buy a prime office building worth $300 million in San Francisco which financi...

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 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...

US Prudential unit to buy Seoul office building for $157 mn amid vacancy concerns

PGIM Inc. a unit of U.S. Prudential Financial Inc., will acquire an office building in central Seoul for 184 billion won ($157 million) from a South K...

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...