core office buildings
Scope
Date
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Real Estate
Hana Financial acquires $740 mn Seattle office tower
Hana Financial Investment has acquired a 95% stake in a 38-story downtown Seattle office tower for $740 million from Skanska AB, a Swiss-based m...
Dec 29, 2020 (Gmt+09:00)
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Batteries
SKC to build first overseas copper foil plant in Malaysia
SKC Ltd., a chemical materials maker of South Korea’s SK Group, is planning to more than quadruple its production capacity of copper foils, a ...
Dec 15, 2020 (Gmt+09:00)
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Joint venture
NPS, Hines set up $1.5 bn build-to-core strategy JV
The National Pension Service has set up a $1.5 billion joint venture with the US-based real estate investment firm Hines for a build-to-core portf...
Dec 11, 2020 (Gmt+09:00)
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Carbon neutrality
Denmark’s Orsted to build world’s biggest wind farm off S.Korean coast
Denmark’s Orsted A/S plans to build the world’s biggest offshore wind farm off the west coast of South Korea as the Danish multinational p...
Nov 24, 2020 (Gmt+09:00)
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Automobiles
Hyundai’s ex-design chief Donckerwolke named chief creative officer
Hyundai Motor Co. has appointed former design chief Luc Donckerwolke as the automaking group’s chief creative officer, a new post created as par...
Nov 02, 2020 (Gmt+09:00)
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Automobiles
Hyundai’s five-year journey to build a luxury car brand
At Hyundai Motor Co.'s brand launch event held on Nov. 4, 2015, someone made an unexpected appearance on the stage, surprising the crowd. It was curre...
Nov 01, 2020 (Gmt+09:00)
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Alternative investment
Korea Investment acquires California-based office building worth $86 mn
Korea Investment & Securities Co. has acquired a luxury office building in Orange County, California valued at around 100 billion won ($86 million...
Oct 05, 2020 (Gmt+09:00)
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Real Estate
Hana Financial named preferred buyer of $700 mn Seattle office tower: report
A consortium of South Korea's Hana Alternative Asset Management Co. and other units of Hana Financial Group has signed a preliminary agreement to buy ...
Sep 18, 2020 (Gmt+09:00)
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Offshore production
SeAH Steel to build biggest offshore wind turbine monopile facility in UK
SeAH Steel Holdings Corporation is gearing up to construct the world's biggest monopile facility for offshore wind turbines following a memorandum of ...
Aug 21, 2020 (Gmt+09:00)
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Pension fund
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...
Jul 30, 2020 (Gmt+09:00)
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Airlines
Korean Air may sell core assets estimated at $2.4 bn to ease cash crunch
Hanjin Group, parent of Korean Air Lines Co. Ltd., is considering selling three core businesses of the carrier -- in-flight meal service, mileage prog...
Apr 27, 2020 (Gmt+09:00)
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Alternative investment
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...
Apr 21, 2020 (Gmt+09:00)
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M&A
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...
Feb 29, 2020 (Gmt+09:00)
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Alternative investment
NH Investment, KB Asset buy Dallas building for $370 mn
NH Investment & Securities Co. Ltd. and KB Asset Management Co. Ltd. have acquired an office building in Dallas for $370 million, which represente...
Feb 20, 2020 (Gmt+09:00)
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Sovereign wealth
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...
Feb 07, 2020 (Gmt+09:00)
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M&A
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 ...
Feb 04, 2020 (Gmt+09:00)
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Real estate
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 ...
Jan 02, 2020 (Gmt+09:00)
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Real estate
Meritz Sec buys Brussels building for $1.6 bn; plans REIT IPO
Meritz Securities Co. Ltd. has acquired Brussels’ largest building for 1.4 billion euros ($1.6 billion) in the single biggest property deal in B...
Dec 27, 2019 (Gmt+09:00)
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Real estate
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 ...
Dec 05, 2019 (Gmt+09:00)
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Alternative investment
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...
Nov 06, 2019 (Gmt+09:00)
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Korea Investment, Samsung SRA to buy Manhattan building for $500 mn
Korea Investment & Securities Co. Ltd. and Samsung SRA Asset Management Co. Ltd. have teamed up to buy an office tower in Manhattan from JPMorgan&...
Sep 24, 2019 (Gmt+09:00)
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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...
Aug 20, 2019 (Gmt+09:00)
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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 (...
Jul 23, 2019 (Gmt+09:00)
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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...
Jul 05, 2019 (Gmt+09:00)
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Public fund of $118 mn launched for Luxemburg building
Korea Investment Management Co. plans to raise 104 million euros ($118 million) from individual investors in June to fund its 275-million-euro purchas...
Jun 21, 2019 (Gmt+09:00)
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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...
Jun 19, 2019 (Gmt+09:00)
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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...
Jun 12, 2019 (Gmt+09:00)
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Korea Investment to buy 99-yr ownership of Brussels building
Korea Investment Management Co. will acquire a 99-year ownership of an office building in Brussels for 146 million euros ($165 million) in its second ...
Jun 11, 2019 (Gmt+09:00)
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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...
Jun 09, 2019 (Gmt+09:00)
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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...
May 30, 2019 (Gmt+09:00)
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