Seoul

Funds

CapitaLand Investment closes new KRW200 billion value-add office fund

CapitaLand Investment closed a new value-add office blind pool fund in South Korea with total equity commitment of KRW200 billion

Broker's Calls

DBS maintains 'buy' on CDL following acquisition of hotel in Seoul

Between 2021 and 2022, CDL divested some $3 billion worth of assets and has redeployed $1.6 billion

Property

CDL acquires Nine Tree Premier Hotel Myeongdong II

CDL re-enters Seoul with premier hotel acquisition after divesting Millennium Seoul Hilton in 2022
Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition - THE EDGE SINGAPORE

Broker's Calls

Analysts in favour of Mapletree North Asia Commercial Trust's Seoul acquisition

Units in MNACT closed flat at 92.5 cents on September 29.

M&A

Keppel asset management unit acquires 3 commercial buildings in Seoul for $510 mil

SINGAPORE (April 29): Keppel Capital Holdings, the asset management arm of Keppel Corporation Limited, says its Alpha Asia Macro Trends Fund III (AAMTF III) is acquiring 100% stakes in three Grade ‘A’ freehold commercial buildings in Seoul, Korea, for

Property

GIC in joint venture to acquire South Korean office property for $518 mil

SINGAPORE (May 9): Singapore’s state-owned investment firm GIC has entered into a joint venture partnership to acquire the Grade A office building in Seoul’s central business district for 418 billion won ($518 million).

Singapore economy

Singapore is still Asia's top ranked city for quality of living but where's the improvement?

SINGAPORE (Mar 20): Singapore has once again bagged the title of Asia’s highest ranked city in terms of quality of living over the past 12 months, based on findings from Mercer’s 20th edition of its Quality of Living survey.

How 10 urban cities including Singapore found ways around their transport & mobility challenges

SINGAPORE (June 6): In its third initiative with the Centre for Liveable Cities (CLC), the Urban Land Institute (ULI) today announced the launch of a new report at the 2017 ULI Asia-Pacific Summit in Singapore.

Singapore is Asia’s most sustainable city, but there is still room for improvement

SINGAPORE (Sept 13): Design and consultancy firm Arcadis says Singapore is the most sustainable city in Asia and ranks second after Zurich on a global scale, as reflected in its Sustainable Cities Index 2016.
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