Sale of $1.5 bn Pangyo Tech 1, overseen by Mirae Asset, draws strong bids from global PEFs

The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...
The sale of Pangyo Tech 1, a landmark office tower in Pangyo, South Korea’s answer to the US' Silicon Valley, has drawn strong bidding interes...
South Korea’s Government Employees Pension Service (GEPS) on Wednesday appointed Sohn Young-jin, former head of risk management at KB Asset Ma...
Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief executive of South Korean real estate...
Singapore’s sovereign wealth fund GIC is resuming the sale of Seoul Finance Center, a landmark office tower in Seoul's central business distri...
The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...
LG Display Co., the world’s No. 1 manufacturer of large-sized organic light-emitting display (OLED), will invest about 700 billion won ($500 m...
The investment banking head of Morgan Stanley’s Seoul office is stepping down after overseeing a series of landmark deals over more than a dec...
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
Greystar Real Estate Partners, the largest housing investment firm in the US, has hired Kang Junghwan, former managing director and head of portfoli...
South Korea’s Ministry of Science and ICT on Thursday announced that it has selected 10 startups founded by Koreans in a program to support th...
About half of the office buildings in Seoul’s major business districts are over 30 years old, falling short of demand for modern and high-end ...
South Korea’s two leading multiplex operators Lotte Culture Works Co. and Contentree JoongAng Corp. have tentatively agreed to merge in a bid ...
IGIS Asset Management Co., South Korea’s leading real estate investment firm, has named The Ritz-Carlton the preferred hotel brand for its amb...
Krafton Inc., the publisher of global mega-hit “PlayerUnknown’s Battlegrounds” (PUBG), has selected six new Indian game studios to...
Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster...
JB Financial Group Co., the parent company of Jeonbuk Bank and Gwangju Bank, will join hands with SK Innovation E&S Co. and InnerGen Co. to roll...
Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...
IGIS Asset Management Co., a leading South Korean real estate investment firm, has chosen a consortium of Samjong KPMG Accounting Corp., Cushman &am...
South Korea’s top automaker Hyundai Motor Co. has launched a global talent recruitment program, beginning April 1 via its official hiring webs...
South Korea’s Constitutional Court on Friday will give its ruling on President Yoon Suk Yeol, who was impeached in December for declaring mart...
The Canada Pension Plan Investment Board (CPPIB) and South Korean property developer MGRV have jointly acquired the headquarters of a domestic women...
Shinhan REITs Management is expected to acquire BNK Digital Tower, an office building in the affluent neighborhood of Gangnam in southern Seoul, aft...
Prime office complex AP Tower and two adjacent hospitality properties in Seoul’s Gangnam Business District have been put up for sale in a bu...
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...
MBK Partners, facing increasing scrutiny over its highly leveraged acquisition of Homeplus Co., has pledged to go all-out to restore the struggling ...
South Korea is ramping up efforts to encourage companies to enhance shareholder value by providing tax support for its corporate value-up program, a...
Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpa...
CJ Olive Young Corp., South Korea’s top beauty store chain, has been given priority rights to buy an office building in Seoul for about 680 bi...
The much-anticipated sale of Doosan Tower in Seoul’s central business district (CBD) has attracted bids from three interested parties – ...
The National Pension Service (NPS) has completed the purchase of One Grove for 2.3 trillion won ($1.6 billion), its largest single real estate inves...