The preferred bidder for the DL Group’s Glad Hotel portfolio has been selected. DL Group has been negotiating with foreign investors and global asset management companies since last year to sell its portfolio of three hotels, Glad Yeouido, Glad...
Warburg Pincus has begun full-fledged investment in the Korean senior housing market. It has already invested in Korean logistics centers and data centers with help from ESR Kendall Square and invested in the Korean self-storage market through its...
Foreign investors continue to show interest in the Korean hotel market. There has been active interest from American, European, and Asian real estate asset management companies and institutional investors for hotel sales in Seoul. Last year, ARA Korea...
The slump in the REITs market is ongoing, with the simple average return rate of the 21 listed REITs recording -0.42%. Only the first week of January saw a rising trend, after which the REITs market began to move downward, followed by a single trading...
Seoul Sees ‘Downpour’ of Office Listings Since the beginning of the year, the Seoul office transaction market has been busy. January 13 saw the start of bidding for NC Tower 1 on Teheran-ro. On January 22, the nearby Samseongdong Building held its...
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