The domestic REITs market that rose for four consecutive weeks has now returned to a decline. The simple average return for the 21 listed REITs last week was -2.12%. This is the largest decline since the year has begun. While the majority of REITs have...
On March14, the National Pension Service (NPS) has selected Samsung SRA Asset Management, KB Asset Management, and Capstone Asset Management as core platform fund managers for investment in domestic real estate. A PT targeting six companies including...
Seoul Allows Floor Area Ratio of 1,800% Along Teheran-ro, Enabling Development of Super High-rise Buildings The Seoul Metropolitan Government announced that it has approved the revised ‘Teheran-ro District Unit Plan Decision Amendment,’ which...
MBK Partners-owned Homeplus has filed for bankrupcy, an event that has produced aftershocks across the commercial real estate industry. This situaton may have grave consquences for real estate funds and REITs that have Homeplus underlying assets, and...
Hyundai Elevator is selling its Yeonji-dong headquarters to secure liquidity that will be used for new investments and improve asset efficiency. Located at 194 Yulgok-ro, Jongno-gu, Seoul, the Yeonji-dong Hyundai Elevator headquarters is split into two...
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