Colliers Korea achieves success in May with closure of three major transactions worth USD780 million
Leading diversified professional services and investment management company Colliers announces a highly successful month in May, marked by the completion of three significant deals with a combined value of USD780 million (KRW1 trillion), marking the only major transactions closed in the Seoul...
CBRE announce that it has supported the sale of HOTEL MAGNET by SUGGEST CO., LTD, a new landmark hotel in Atami. The deal was led by the CBRE Hotels Tomotsugu Ichikawa, Senior Director, and Investment Properties team.
JLL appoints Ryuta Takeuchi as Head of Capital Markets, Japan
JLL today announced the appointment of Ryuta Takeuchi as Head of Capital Markets, Japan. Based in Tokyo, Takeuchi will be responsible for JLL’s Capital Markets platform across the country and will partner with the firm’s extended global Capital Markets team to facilitate inbound investment...
Appetite for Japanese real estate to remain strong as investors shift strategy - CBRE Report
Conducted in November 2022, CBRE’s 2023 Asia Pacific Investor Intentions Survey found more than half of the investors active in the Japanese market (including overseas-based investors) expect the BoJ to raise interest rates in 2023.
While rents in Seoul’s major retail districts have drifted sideways in 2022, future rental growth will be determined in part by the attractiveness of the physical store in providing customer experiences.” Says 2023 Korea Retail Market Outlook Report by Savills, Simon Smith Savills Regional Head...
JLL appoints Kevin Hou as Managing Director for Taiwan
JLL (NYSE: JLL) announced the appointment of Kevin Hou as Managing Director of JLL Taiwan. Tony Chao will become Executive Chairman of JLL Taiwan office and will continue to support the growth of the company businesses in Taiwan.
CBRE Announces Partnership with Australia's INSPACE in Japan
CBRE announced a partnership in Japan with INSPACE, an Australian PropTech company specializing in digital twins, 3D stacks, and 360-degree virtual tours of real estate properties.
GIC and ESR establish a US$600 million Joint Venture to invest in Core Industrial and Logistics Assets in India
GIC and ESR Group Limited ("ESR"; SEHK Stock Code: 1821) announced, an 80:20 strategic partnership to establish a US$600 million joint venture ("Core JV") to acquire income-producing core industrial and logistics assets in India.
JLL advises on sale of Seoul’s Jongno Tower sold to SK REITs $431.7m
JLL acted as joint exclusive sale advisors with Avison Young Korea as Jognno Tower Seoul sold by KB Asset Management for KRW621.5 billion ($431.7 million) to SK REITs. Chaehun Chang, Managing Director of JLL Korea said, "This is a testament to the unwavering demand for investment in landmark...
CBRE Helps OTB Group Expand Presence in China by Securing Prime Retail Space in Shanghai
The CBRE Shanghai Advisory & Transaction Services – Retail team was commissioned by Italian luxury group OTB to lease four flagship stores in the heart of West Nanjing Road CBD as China’s prosperous domestic spending gave a big lift to retailers’ confidence.
