Korean warehouse project financing on brink of debt crisis

Korean warehouse project financing on brink of debt crisis

Warehouse development projects in South Korea, which boomed amid COVID-19, are facing challenges such as suspension of construction projects and ban...

Korea unveils autonomous driving, commercial drone service roadmap

Korea unveils autonomous driving, commercial drone service roadmap

South Korea aims to launch advanced autonomous driving, commercial drone and other urban air mobility services by 2025, as the country strives to be...

Tumbling Korean won increases corporate debt burden

Tumbling Korean won increases corporate debt burden

The South Korean won extended its losses to hit its weakest level since the 2008-09 global financial crisis on Wednesday, pressured by higher-than-e...

SK Telecom-led consortium to commercialize air taxis on Jeju Island

SK Telecom-led consortium to commercialize air taxis on Jeju Island

Come 2025, visitors to South Korea’s resort island of Jeju will be able to hail air taxis while there – thanks to special air routes ded...

SK REIT to raise $550 million in debt for Jongno Tower deal

SK REIT to raise $550 million in debt for Jongno Tower deal

South Korea’s SK REIT Co. has been diversifying funding sources into short-term debt to finance its recent purchases of landmark office buildi...

CalSTRS, Korea's KTCU consider launching 2nd real estate JV

CalSTRS, Korea's KTCU consider launching 2nd real estate JV

The Korean Teachers’ Credit Union (KTCU), a retirement fund for South Korean teachers and employees, and the California State Teachers' Retire...

Shinhan Card ties up with FiscalNote for global data biz

Shinhan Card ties up with FiscalNote for global data biz

Shinhan Card Co. has joined forces with US legal data and analytics company FiscalNote Holdings Inc. to expand its data business into the global mar...

Com2uS announces plans to build real-life-like metaverse platform

Com2uS announces plans to build real-life-like metaverse platform

South Korea’s Com2uS Studios, the creator of the popular game Summoners War, said on Thursday it will unveil a real-life-like metaverse platfo...

European direct lending offers investment edge: Permira

European direct lending offers investment edge: Permira

The direct lending market is garnering investor attention as it has performed well during periods of market volatility. As banks are cautious to t...

Korea's NPS upped alternative investment by 33% in 2021

Korea's NPS upped alternative investment by 33% in 2021

The National Pension Service (NPS) of South Korea committed 204.4 trillion won ($156.7 billion) to alternative investment as of end-2021, up 32.7% f...

Hanwha Life to spur global real estate investment via US subsidiary

Hanwha Life to spur global real estate investment via US subsidiary

South Korea’s Hanwha Life Insurance Co. is set to kick off direct investment in overseas real estate via its subsidiary in the US, according t...

Korea Inc. rushes to cut debt as interest rates surge

Korea Inc. rushes to cut debt as interest rates surge

South Korean companies scrambled for lowering debts and borrowing costs with new financial and business strategies as interest rates on corporate lo...

TiumBio inks licensing deal with China's Hansoh for endometriosis drug

TiumBio inks licensing deal with China's Hansoh for endometriosis drug

South Korean biotech TiumBio Co. has signed a technology transfer agreement of its endometriosis and uterine myoma treatment candidate with China&rs...

Korea's Vestas launches second $231 mn European warehouse fund

Korea's Vestas launches second $231 mn European warehouse fund

South Korea’s Vestas Investment Management Co. has created a 300 billion won ($231.2 million) blind pool fund for Europe-based logistics cente...

Korean firms rush to sell real estate to raise cash

Korean firms rush to sell real estate to raise cash

South Korean companies are selling real estate and subsidiaries to raise cash as accelerating inflation, rising interest rates and the soft won all ...

Development will outperform in post-COVID era: Principal Real Estate

Development will outperform in post-COVID era: Principal Real Estate

Real estate is in the global investor spotlight amid skyrocketing inflation. However, not all property sectors or locations will offer the same infl...

Commercial real estate market in Seoul shrinks in H1 2022

Commercial real estate market in Seoul shrinks in H1 2022

The commercial real estate market in Seoul slowed this year, according to a report by South Korean online property platform RSquare. The sum of the ...

Korean firms eye alternative assets for safer investments, survey finds

Korean firms eye alternative assets for safer investments, survey finds

South Korean corporates are increasingly eyeing alternative assets seeking downside protection amid interest rate hikes and equity and bond price dr...

Investors may see tough credit cycle in direct lending: TCW Private Credit

Investors may see tough credit cycle in direct lending: TCW Private Credit

As economic uncertainties grow amid rate hikes and inflation, South Korean institutional investors are eyeing direct lending for safer investment an...

Hyundai Doosan Infracore to develop hydrogen engines for commercial use

Hyundai Doosan Infracore to develop hydrogen engines for commercial use

Hyundai Doosan Infracore Co., a South Korean construction equipment company, said on June 26 that it will start a state-run project to develop hydro...

Residential, urban logistics in Europe are attractive: Patrizia

Residential, urban logistics in Europe are attractive: Patrizia

Despite a number of global market uncertainties, there is value in real assets where rental income grows faster than inflation, Mahdi Mokrane, head ...

Naver to enter smart building market with 5G, AI robots

Naver to enter smart building market with 5G, AI robots

South Korea’s online portal giant Naver Corp. is set to enter the local smart building market with its cloud-based 5G networks and artificia...

Hyundai Engineering, USNC to build micro reactor in Canada

Hyundai Engineering, USNC to build micro reactor in Canada

Hyundai Engineering Co., the plant engineering and construction unit of South Korea’s Hyundai Motor Group, and Ultra Safe Nuclear Corp. (USNC)...

Korean firms increase share in domestic office market

Korean firms increase share in domestic office market

The International Finance Center in Seoul (IFC Seoul) drew interest from only six bidders at the end of last year, and Singapore-based ARA Korea was...

Virtual humans expand territory in real world

Virtual humans expand territory in real world

Virtual humans are taking an active part in the real world, expanding their influence in various sectors such as advertising, music, commerce and ed...

Korean real estate investors look to secure liquidity post-pandemic

Korean real estate investors look to secure liquidity post-pandemic

South Korean real estate investors prefer liquidity and stable payback on investment, as well as investing in debts amid market uncertainty. The lim...

Korean LPs seek different strategies for private equity, debt

Korean LPs seek different strategies for private equity, debt

Key asset owners of South Korea will keep their mid- to long-term plans for alternative asset management despite the current macroeconomic risks, as...

Former NPS real estate chief named Allianz RE's Asia head

Former NPS real estate chief named Allianz RE's Asia head

Kim Hyun-soo, a former real estate investment head of South Korea's National Pension Service (NPS), has been named Asia head of Allianz Real Estate,...

Hyundai Card shelves IPO after Fubon buys 20% stake

Hyundai Card shelves IPO after Fubon buys 20% stake

South Korea’s Hyundai Card Co. has shelved a plan to go public after Taiwan’s Fubon Financial Holding Co. completed the purchase of its ...

Why GS Group keeps debt-ridden, cash-guzzling affiliate afloat

Why GS Group keeps debt-ridden, cash-guzzling affiliate afloat

GS Group, a South Korean energy-to-retail conglomerate, has an unlisted affiliate that the group largely keeps out of the public eye but is occasion...

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