Hana Alternative Asset Management is selling Shilla Stay Mapo to Shinhan REITs Management. Avison Young was selected in 2023 to advise the sale that initially chose Kiwoom Investment Management as the preferred bidder. The deal fell apart in the first...
Fueled by the pandemic that started in 2020, interest rates began to rise from 2022 which has caused swift change across the global commercial real estate market. Competition intensified, while asset managers and investors began to consider new...
Last week, the simple average return of the 21 listed REITs recorded -0.02%. The lackluster trend in the REIT market has been ongoing since the beginning of the year. Since the first week of January, the weekly return for the REITs market that started at...
Seo Won-ju Confirmed for Another Year as CIO of National Pension Service The current Chief Investment Officer (CIO) of National Pension Service Investment Management will serve another year. The Ministry of Health and Welfare confirmed the reappointment....
Bithumb has been mentioned as a strong candidate for the acquistion of KOREIT Tower, NC Tower 1, and T412, all buildings situated along Teheran-ro. Foreign investors and institutional investors are taking a step back in the Seoul office market, while...
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