The acquisition structure of Four Points by Sheraton Josun Seoul Myeongdong, a deal set to close at the end of this month, is undergoing significant changes. IGIS Asset Management was initially selected as the preferred bidder by Pacific Investment...
Last year marked the start of large-scale office supply in Magok, a neighborhood in northwestern Seoul, in the northwest of Seoul. The growth of the Magok office market soon impacted the overall Seoul office market in a major way. Many underestimated...
IGIS Asset Management’s ‘tech-ready building’ Factorial Seongsu has found a new owner. Factorial Seongsu was meticulously developed by IGIS in the merging office market in early 2024. IGIS has put a lot of effort into this project, which has been...
Last week, the simple average return rate of 22 listed REITs recorded -0.63%, continuing the downward trend for the second consecutive week. Koramco The One REIT saw significant growth with an over 7% increase two weeks ago, marking a record high, but...
The Government of Singapore Investment Corporation (GIC) is investing in a Seongsu-dong office development project, the first in five years since its investment in Acro Seoul Forest in late 2020. GIC and LB Asset Management acquired Daerim...
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