KTB adds to rush of deals in Seoul with $316m Twin Tree Towers sale | Asia Property

Subscription Enquiries
Editorial Enquiries

This will be the secondary navigation

KTB adds to rush of deals in Seoul with $316m Twin Tree Towers sale

Published on August 1st, 2013

KTB Asset Management has sold the Twin Tree Towers in Seoul to IGIS Asset Management for $316m. The transaction was the second largest in the Seoul market during the first…

Not subscribed yet? Click here for full access.

Diary

UK recruit gets call-up to fight Kwoks’ army of lawyers

Hong Kong prosecutors were forced to apply for special permission to recruit a UK barrister to make the case against Sun Hung Kai’s Kwok brothers, who will be in court...

Diary

Could Fudo bid for independence from new Chinese masters?

Will there be staff fallout at CLSA, the broker bought by China’s CITIC Securities last month? There are always staff losses after a takeover, although the current economic climate will encourage...

Diary

New landlord’s programme may not be compatible with Apple

South Korean asset manager KDB Daewoo Securities last month bought part of Apple’s Cupertino HQ for $120m, in its first US real estate investment. We wonder if Apple might have...

News

Asian operations give CBRE and JLL Q2 boost

Improved Asia Pacific revenues boosted Q2 performance for CBRE and Jones Lang LaSalle. CBRE’s Asia Pacific revenue was $233.1m, an increase of 16% from $201.2m for Q2 2012. “The increase...

Survey

Family fortunes to be had in Japanese housing

Foreign investors will have to fight off strong domestic competition, especially from J-REITs, to make the most of investment opportunities in Japan’s increasingly attractive rented multi-family housing sector  Improving economic...

News

Malaysia’s Axis REIT plans $120m industrial assets push

Axis Real Estate Investment Trust plans to buy up to seven assets this year and has MYR380m- 400m ($117m-$123m) of deals in the pipeline. The Malaysian REIT, which reported Q2...

News

Overseas Union and Singapore Press join wave of S-REIT IPOs

OUE vehicle owning two hotels and SPH REIT holding two malls float in Singapore  Singapore continues to be the most active listed real estate market in the Asia Pacific region,...

Companies & People

Ness to head DTZ’s North Asia research

DTZ has appointed Andrew Ness, a previous head of Asia research for CBRE and more recently a consultant at the Urban Land Institute, as head of North Asia research. He...

Comment

Logistics starts to deliver for investors

The rise o fan affluent class of shoppers is feeding the growth of Asia’s increasingly sophisticated logistics sector, with high tenant demand for a new wave of modern, top-quality assets...

Current Issue