Seoul Housing
Scope
Date
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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 ...
Oct 10, 2018 (Gmt+09:00)
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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...
Sep 13, 2018 (Gmt+09:00)
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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...
Aug 16, 2018 (Gmt+09:00)
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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...
Aug 15, 2018 (Gmt+09:00)
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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...
Jul 27, 2018 (Gmt+09:00)
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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...
May 04, 2018 (Gmt+09:00)
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[RFP] Korea Post seeks global infrastructure fund houses for $500 mn
Korea Post plans to commit up to $500 million to global infrastructure blind-pool funds to make equity investments in core infrastructure assets, acco...
Apr 24, 2018 (Gmt+09:00)
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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 ...
Apr 01, 2018 (Gmt+09:00)
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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...
Mar 01, 2018 (Gmt+09:00)
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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...
Dec 31, 2017 (Gmt+09:00)
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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...
Dec 01, 2017 (Gmt+09:00)
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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, ...
Nov 24, 2017 (Gmt+09:00)
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KIC CIO to speak in global real estate, infrastructure summit in Seoul
Korea Investment Corporation (KIC) Chief Investment Officer Shinwoo Kang will give a keynote speech in a global real estate and infrastructure summit ...
Oct 12, 2017 (Gmt+09:00)
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PAG buys Seoul office building from POBA-led fund for $270 mn
Asia-based investment firm Pacific Alliance Group (PAG) has bought an office building in southern Seoul from a fund led by the Public Officials Bene...
Oct 10, 2017 (Gmt+09:00)
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Korean hedge fund house co-invests in $40 mn Florida building purchase
South Korea’s small hedge fund company Anda Asset Management Co. Ltd. has invested $8 million in a $40 million joint acquisition of a four-story offic...
Aug 21, 2017 (Gmt+09:00)
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[RFP] Korea Post seeks six global equity fund houses
Korea Post’s savings unit plans to select two global stock managers for exchange-traded fund (ETF) investment around the end of September, and four ot...
Jul 28, 2017 (Gmt+09:00)
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Carlyle to consolidate Seoul office, putting ADT Korea back up for sale
The Carlyle Group will consolidate its South Korean operations divided into buyout and growth capital units by combining them, after the three-men gro...
Jul 18, 2017 (Gmt+09:00)
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[RFP] Korea Post to select two Europe equity fund houses in July
Korea Post’s insurance unit is looking for two active-type Europe stock investment houses for a two-year investment period, according to its request f...
May 29, 2017 (Gmt+09:00)
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[RFP] Korea Post seeks single offshore commingled hedge fund houses
Korea Post’s insurance unit on May 12 announced a plan to select global fund managers running single offshore commingled hedge funds by July, and will...
May 12, 2017 (Gmt+09:00)
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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...
Feb 28, 2017 (Gmt+09:00)
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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...
Dec 02, 2016 (Gmt+09:00)
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GIC, NPS invest $136 mn each in Korea’s retail complex near Seoul
The Government of Singapore Investment Corporation (GIC) and the National Pension Service (NPS) have bought equity stakes in a fund launched to buy a ...
Nov 17, 2016 (Gmt+09:00)
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Korean funds mull $260 mn mezzanine financing for Brookfield’s IFC Seoul purchase
Brookfield Asset Management is in talks with the Korean Teachers’ Credit Union (KTCU) and a state-run mortgage lender to secure 300 billion won ($261 ...
Nov 03, 2016 (Gmt+09:00)
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NPS seeks higher pay raise for in-house fund managers ahead of office relocation
The National Pension Service (NPS) is pushing forward a plan to raise the basic pay for in-house fund management staff by about 9% on average in 2016,...
Aug 02, 2016 (Gmt+09:00)
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Brookfield tipped to buy IFC Seoul for about $3 bn: CIC, NPS may join financing
Asset management firm Brookfield has made a bid “far higher than market expected” to buy a landmark in central Seoul, IFC Seoul, from the ...
Jul 18, 2016 (Gmt+09:00)
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Business & Politics
HOLD: S.Korea's president-elect vows heavy govt spending
The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cas...
1 MINUTES AGO
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HOLD: S.Korea's president-elect vows heavy govt spending
The ruling Democratic Party's Lee Jae-myung on Wednesday was elected as South Korea's next president, pledging heavy government spending such as cash ...
1 MINUTES AGO
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Corporate investment
US visa quotas hamstring Korean manufacturers’ US expansion
South Korean manufacturing companies have tripled investments in building plants in the US over the past three years, but labor shortages are slammi...
1 MINUTES AGO