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CDL to sell Seoul hotel for KRW 1.1 trillion

Singapore-listed City Developments Limited (CDL) is divesting the Millennium Hilton Seoul hotel to Korean real estate investment manager IGIS Asset Management. City Developments Limited said Monday...

Hines to develop logistics center in Seoul

Hines will develop a multi-story logistics center, Namyang Logistics Center, in Seoul, South Korea. The project represents the second cold storage and third logistics...

ARA acquires landmark office tower in Seoul, Korea for US$897m

ARA Asset Management Limited (ARA) said that its Korea subsidiary has completed the acquisition of Parc1 Tower II, a landmark office tower in Seoul,...

Mapletree Group buys commercial office asset in Seoul for S$528.4m

Mapletree Investments Pte Ltd (MIPL) and Mapletree North Asia Commercial Trust (MNACT) have jointly agreed to acquire The Pinnacle Gangnam, an office asset located...

KKR, IGIS and SK D&D acquire Namsan Square in Seoul

Global investment firm KKR, Korea’s largest real estate fund manager IGIS Asset Management (“IGIS”), and leading Korean real estate developer SK D&D today announced...

ARA Asset Management to acquire prime office building in Seoul,Korea

ARA Asset Management anoounced that it has signed an agreement to acquire prime office building, Seoul Square, via a new private real estate fund...

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