Military Mutual Aid Association's headquarters in Seoul The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 billion won ($73 million) commitment to blind funds for investment in real estate developme
Savills Korea's Q1 2025 Seoul Prime Office Report Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter, with transactions rising 6% from a year earlier to 2.7 trillion won ($1.9 billion), according to
Creator Town Seogyo (Courtesy of Local Stitch) An auction for a co-living building, owned by South Korea’s top real estate asset management firm IGIS Asset Management Co., in the hip Hongdae area of Seoul, has garnered strong investor interest, with SK D&D Co. and Blackstone Inc
Office buildings clustered near Gangnam Station (Courtesy of Seoul Metropolitan Government) About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end workspaces – particularly from young employees wh
Signature Tower near Euljiro 3-ga Station IGIS Asset Management Co., has put Kumho Petrochemical Group’s headquarters building, Signature Tower in central Seoul, up for sale – a deal expected to fetch more than 1 trillion won ($700 million), marking one of South Korea’s larges
Signature Tower near Euljiro 3-ga Station, which houses Kumho Petrochemical's headquarters Colliers Korea, a unit of global real estate asset management group Colliers, has been chosen as the adviser for the sale of Signature Tower in central Seoul by IGIS Asset Management Co. – a d
AP Tower, formerly The Pinnacle Yeoksam (second from left) IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman & Wakefield Korea and NAI Korea as sale advisors for the landmark AP Tower building and
Four Points by Sheraton Josun, Myeongdong in central Seoul IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen Deloitte Anjin LLC as its lead manager to sell Four Points by Sheraton Josun, Seoul Myeongdong, a four-star hotel in a popular spot for foreign to
AP Tower, formerly The Pinnacle Yeoksam (second from left) Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bundled deal, according to investment banking sources on Monday.The South Korean asset man
Four Points by Sheraton Josun, Seoul Myeongdong (File photo) IGIS Asset Management Co., one of Asia's largest real estate investment firms, is set to sell a four-star hotel in Myeong-dong, a popular spot for foreign tourists in Seoul, amid rising investor interest in South Korea’s accommo
Doosan Tower, the most visible shopping mall in the Dongdaemun fashion market The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – IGIS Asset Management Co., Kiwoom Asset Management Co. and Korea Inve
One Grove in Magok, Seoul The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate investment in South Korea, according to industry sources on Thursday.The world’s third-largest pension scheme poured 820
Centre Point Gwanghwamun in Seoul's central business district (File photo by Koramco) South Korea’s Koramco REITs Management & Trust Co. is poised sell a prime office building in Seoul in an estimated 400 billion won ($272 million) deal, investment banking industry sources said on Mon
Front view of The Asset (center) The Seoul office market bounced back for the first time in four years in 2024, with transaction volume soaring 78.7% to 13.4 trillion won ($9.1 billion) from the year prior, according to GenstarMate, a South Korean real estate research firm.Core office buildings
Daishin Securities headquarters in Euljiro, Seoul (Courtesy of Yonhap) Daishin Securities Co. has called off a plan to sell its headquarters building in a central business district of Seoul to NH-Amundi Asset Management Co. for 660 billion won ($497 million) after the latter failed to recruit i