AIG seeks $3.2bn for IFC complex in giant Seoul disposal | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

AIG seeks $3.2bn for IFC complex in giant Seoul disposal

Published on October 12th, 2015

Realisation of high price tag may depend on vendor’s ability to let remaining space in trophy Yeoido asset AIG Global Real Estate is to put its flagship International Finance Centre…

Not subscribed yet? Click here for full access.

Company Profiles

AXA IM – Real Assets

Japan remains the key asian market for Axa’s real estate investment arm, which is planning to move up the risk curve and beyond its previous tokyo office focus for its...

Comment

Make eco action the name of the game

Eco-gamification, which turns the weighty aim of reducing buildings’ environmental impact into a fun game for tenants to play, could prove a highly effective tool in improving the Asian property...

News

AIG seeks $3.2bn for IFC complex in giant Seoul disposal

Realisation of high price tag may depend on vendor’s ability to let remaining space in trophy Yeoido asset AIG Global Real Estate is to put its flagship International Finance Centre...

News

Korea’s Mirae adds San Francisco hotel to overseas haul

Korean asset manager Mirae Asset Global Investments is to buy Fairmont Hotel in San Francisco for $450m. The company plans to raise the equity for the deal from its domestic...

News

China’s Greenland plans to add Russia and Japan to foreign investment campaign

Greenland Group has announced ambitious plans to invest in Russia and Japan. The Chinese state-owned developer said last month that it had signed a memorandum of understanding with Mizuho Financial...

World News

H&QAP buys San Francisco asset to create hi-tech hub

Hong Kong-based private equity firm H&Q Asia Pacific has bought Bay Park Plaza San Francisco for $90m. H&QAP will invest $10m in the 260,000 sq ft complex in the city...

News

Anbang pulls out of London tower buy...

Brokers believe Chinese economic volatility is reason for Chinese insurer calling off Heron Tower deal in City Anbang Insurance has withdrawn from a deal to buy the Heron Tower in...

Research

Key data: listed sector

• The FTSE EPRA/NAREIT Developed (Asia) Index fell 0.9% in September, well behind the North American index, which rose 3.3% and the European index, which rose 0.2%. • Local currency...

World News

Germany’s tallest tower sale likely to attract global pack of bidders

Commerzbank has put Germany’s tallest office building up for sale with a price tag of more than €600m ($677.8m). The bank appointed JLL to sell the 109,200m2 Commerzbank Tower in...

Current Issue