Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
Bank of Korea raises interest rate to 1% On November 25th, the Bank of Korea raised its interest rate to 1%, an increase of 0.25% from its original 0.75%. This is 3 months after it increased the rates from 0.5% to 0.75%. With this latest change, the ‘0% base rate era’ created to counter COVID-19 seems to have come to an end since its inception in March 2020. Midas Asset Management acquires newly built logistics center in Milano, Italy for 200 million Euros Midas Asset Management acquired a new logistics center in Milano for 200 million Euros. The property has a gross floor area of 162,000㎡ and was […]
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Content Editor, Seoul Property Insight(SPI)
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