Fictional K-pop band Saja Boys beat BTS, Blackpink to top US Spotify charts
A fictional K-pop boy band from a Netflix animated feature has achieved what few real-world Korean acts have – to top the US Spotify chart.You...
POSCO E&C wins $1.1 bn LNG terminal deal in Thailand
POSCO E&C Co., a South Korean engineering and construction company, said on Tuesday that it has secured a 1.5 trillion won ($1.1 billion) contra...
Goldman Sachs acquires Mercure Ambassador: 1st stint with Korean hotels
Goldman Sachs, in partnership with JB Asset Management Co., has acquired Mercure Ambassador Seoul Hongdae, a prominent mixed-use commercial property...
Naver Financial seeks to acquire S. Korean real estate data platform Asil
Naver Financial Corp., the fintech subsidiary of South Korean tech giant Naver Corp., is looking to acquire Asil, a domestic big data-based real est...
EQT taps ex-DHK Management CEO to lead S.Korea's real estate push
Swedish asset manager EQT Partners, also the largest private equity firm in Europe, has named David Kim, chief executive of South Korean real estate...
Korea to allow non-profits to buy bad consumer loans
The Financial Services Commission (FSC) has proposed regulatory changes that would allow non-profit organizations to purchase bad loans from individ...
LG Display to invest $500 mn to boost smaller OLED output
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...
S.Korean military fund to make $73 mn commitment to real estate funds
The Military Mutual Aid Association (MMAA), a South Korean retirement fund, is stepping up efforts to diversify its investment portfolio with a 100 ...
POBA bullish on REITs, real estate debts and senior housing
South Korea’s Public Officials Benefit Association (POBA) is betting big on real estate investment trusts (REITs) and senior housing in the US...
KIC bets on Asian real estate; eyes residential, data centers
The Korea Investment Corporation (KIC) is zeroing in on Asia’s real estate market by region, while targeting residential facilities and data c...
Seoul’s prime office transactions rise 6% in Q1 despite weak sentiment
Despite mounting economic headwinds and heightened investor caution, the prime office market in Seoul posted a modest recovery in the first quarter,...
Mirae Asset to be named Korea Post’s core real estate fund operator
Mirae Asset Global Investments Co. is set to manage the mandate of more than 600 billion won ($416.8 million) in core real estate fund investment by...
SK Innovation E&S, JB Financial team up for renewable energy loans
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, Koramco, Hana shortlisted for Korea Post’s core real estate fund
Mirae Asset Global Investments Co., Koramco REITs Management and Trust Co. and Hana Alternative Asset Management Co. were shortlisted for the mandat...
Korean financial firms face growing risks in overseas property investments
South Korea’s financial institutions are increasingly at risk of their overseas real estate investments turning sour, government data showed o...
Asia Property to buy WeWork building in Seoul
Seoul-based real estate investment firm Asia Property has been picked as the sole preferred bidder for an office building currently occupied by cowo...
Strong momentum in non-US markets, digital real estate: Principal AM CEO
It is time to shift focus toward non-US markets after years of stellar performance of US assets driven by the robust world’s No. 1 economy, sa...
Shinhan Bank partners with Hyundai Mobis for loan services to suppliers
Hyundai Mobis Co., South Korea’s top auto parts maker, has partnered with the country’s biggest lender Shinhan Bank to help its partners...
Global real estate market poised for strong rebound: Savills
The global real estate market is expected to pick up significantly over the next few years, with around $500 billion worth of real estate assets, he...
S.Korean investors name their 33 favorite alternative asset managers
Blackstone and HarbourVest Partners are South Korean institutional investors’ preferred private equity firms, according to a survey by Korea I...
Korea Investment & Securities aims to be Asia's top securities firm
Korea Investment & Securities Co. will step up its asset management business by launching innovative global investment products, aiming to surpa...
PAG raises $4 bn for opportunistic Asia real estate fund
PAG, an Asia Pacific-focused alternative investment firm, on Friday announced the final close of its 10th opportunistic real estate fund at $4 billi...
Blackstone zooms in on hotels, warehouses in Korea
The global real estate market is poised for a recovery, led by industrial warehouses, residential facilities and data centers benefiting from declin...
NPS commits $800 mn to Almanac for strategic partnership
The National Pension Service of Korea (NPS) has committed $800 million to Almanac Realty Investors, the private real estate investment arm of Neuber...
Real estate debt outshines corporate credit: Savills IM
Private credit has been among the top picks for alternative investors over the past few years. During the period of high interest rates, corporate l...
Lotte Card Card to launch loans for affiliates in Vietnam
South Korea's Lotte Card said on Monday it will launch loans for affiliates in Vietnam.Lotte Finance Vietnam, the Vietnamese corporation of Lotte Ca...
Korean funds offer rescue financing for global offices
South Korean institutional investors are offering rescue financing for overseas office buildings, which their local peers have yet to exit, as they ...
Korea’s SK Siltron receives $544 mn loan from DOE for wafer investment
South Korea’s SK Siltron Co. has secured a $544 million loan from the US Department of Energy (DOE) to invest in a high-quality silicon carbid...
NPS commits $436 mn to Koramco, Hana Alternative for real estate lending
The National Pension Service (NPS), South Korea’s largest institutional investor, has selected Koramco Asset Management Co. and Hana Alternati...
Korean brokerages flock to debt market with securities bonds on bull run
South Korea’s leading brokerage houses are flocking to the debt market as bonds issued by securities companies are in growing demand, industry...
