Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
In the Korean commercial real estate market, sales boom in late July and early August as it is vacation season, but this year has been a little different. Kohlberg-Kravis Roberts (KKR)’s bidding for the Coupang logistics center in Seo-gu Incheon took place on July 27, while Mastern Investment Management’s bidding for the Dongwha building opened soon after on July 29. In early August, the M&G Real Estate sale of Icon Yeoksam and the DWS Asset Management sale of the Concordion Building both took bids on August 3 and August 5, respectively. After bidding, the shortlists come out and interviews take place, all amid higher than normal summer temperatures and heavy […]
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Content Editor, Seoul Property Insight(SPI)
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