Factorial Seongsu. In early 2024, IGIS Asset Management opened a new office building in the emerging office district of Seongsu. The building has a total floor area of 21,030 square meters, and is called a ‘Tech Ready Building’ that was promoted by IGIS...
Last week, the simple average return of the 22 REITs listed on the Korean stock market recorded 0.22%, marking an upward trend for the third consecutive week. However, the rise was muted compared to the week prior (1.70%), leading to signs that the trend...
The U.S. private equity firm Warburg Pincus partnered with MQ Logistics, a logistics center development and operation company in Korea, to establish a joint venture (JV) called Qube Industrial. The real estate asset management company affiliate, Qube...
Gran Seoul, a large office building adjacent to Jonggak Station in central Seoul, has completed its renovation. Gran Seoul was completed in February 2014, making it an asset that has been in operation for over 10 years. Koramco REITs & Trust, in...
‘Seoul Hotels’ is the hottest keyword in the Korean commercial real estate market Greetings from SPI editor Koh Byung-ki. This is the weekly commentary for the third week of September. Here, I will share notable stories from the South Korean commercial...
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