KT Estate and LaSalle Asset Management acquired land that was put up for auction last year in Yeoksam-dong, Gangnam-gu, Seoul, and have now secured a major gaming company, Nexon, as a tenant for the office they are developing. Nexon is a game company...
Last week, the simple average return rate for the 22 listed REITs was 0.33%. The KOSPI fell by 3.94% during the same period. The REITs market was on an upward trend for two consecutive weeks, while the KOSPI market was on a decline for two consecutive...
Real Estate Finance Markets of Korea and Japan Grow Closer Greetings from SPI editor Koh Byung-ki. This is the weekly commentary for the third week of November. Japanese banks have been expanding their footprint in the Korean commercial real estate market. Sumitomo...
In recent years, Japanese financial institutions have been expanding their footprint in the Korean commercial real estate loan market. Now, and a major Japanese bank is participating as the main investor in the Brookfield Cheongna Logistics Center...
On June 6, Mitsubishi Estate, among the largest real estate developers in Japan, announced its investment of EUR 600 million to acquire a significant stake in the London-based real estate asset management firm Patron Capital. Founded in 1999 by former...
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