The National Pension Service (NPS) established a real estate platform investment team at the beginning of last year. The National Pension Real Estate Investment Division is the new fourth team. The NPS was previously divided into three teams for the...
The Korean hotel market began to show a clear recovery once foreign tourists returned after COVID-19 restrictions were lifted. As a result, hotel investments have been increasing since last year, mainly among foreign investors. There is strong interest...
Hotels are quickly entering the market all over Korea, everywhere from Seoul to Busan and Jeju. Recently, Deloitte Anjin has been selected as the sale advisory firm for IGIS Asset Management’s sale of Four Points by Sheraton Josun Seoul Myeongdong,...
Many properties are being put up for sale in the logistics center market this year. Since the interest rates began rising in the second half of 2022, the logistics center transaction market has slowed down due to a lack of liquidity and oversupply,...
Phoenix Park in Pyeongchang and Phoenix Island in Jeju, owned and operated by Phoenix Joongang (formerly Bokwang), a subsidiary of Joongang Media Network, are up for sale. Phoenix Park, located at 174 Taegiro, Bongpyeong-myeon, Pyeongchang-gun,...
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