SPI(Seoul Property Insight)

Seoul Property Insight, launched in April 2021, is the only website in Korea that is dedicated to sharing expert information and news on commercial real estate.

[SPI(Seoul Property Insight) @SPI45323666]

The downtrend in the listed REIT market continues for the fourth week in a row. The decline has been more severe compared to the previous week. The simple average return of 20 listed REITs this week was -2.31%, increasing the decli…https://t.co/lgNRwlF2eU https://t.co/F6PCz4Pz3C

[SPI(Seoul Property Insight) @SPI45323666]

1. GEPS Promoting USD 70 Million Global Real Estate Loan Investment Plan
2. Korea Post Selects Two Overseas Real Estate Value-Add Strategic Managers
3. MDM Management Eyes Completion of Texas Office Development

#SPI #Seoulproper…https://t.co/CBpdSKERAk https://t.co/4neYEiP6HT

[SPI(Seoul Property Insight) @SPI45323666]

The downtrend in the listed REIT market continues for the third week in a row. The simple average return for the 20 listed REITs last week was -0.76%. Compared to the previous two weeks (-1.19% and -1.2%), the decline was less pron…https://t.co/zKEW5hwbwl https://t.co/tvowZlGdRy

[SPI(Seoul Property Insight) @SPI45323666]

1. CJ Logistics and KOBC Partner for KRE 600 billion in Logistics Centers in North America
2. National Pension Service Increasing Profitability with “Excellent Human Resources” and “Overseas Expansion”
3. Sewoon Development Resumes…https://t.co/NmKdDWv3Vs https://t.co/DwDko6WzmI

[SPI(Seoul Property Insight) @SPI45323666]

I stayed at Mangrove Goseong from April 30 till May 2, three days and two nights. Mangrove Goseong is located at Gyoam-ri, Toseong-myeon, Goseong-gun, Gangwon-do. This was my first workcation. The last time I went on a similar trip…https://t.co/RG2T0hneQQ https://t.co/zsUW7J7Mqu

[SPI(Seoul Property Insight) @SPI45323666]

Transactions in the commercial real estate market have decreased significantly in the aftermath of the interest rate hikes, but transactions are still taking place in the Seoul office market. Last April, Mastern Investment Manageme…https://t.co/4fgzKzyBRi https://t.co/unfj9vKXwf

[SPI(Seoul Property Insight) @SPI45323666]

Tishman Speyer, a New York-based real estate developer and manager, has started its Korean business with an office in Euljiro, Seoul. Tishman Speyer began its global expansion in the mid-2000s. In 2006, it opened its first office i…https://t.co/RfvGv1uQLt https://t.co/6DiKxoIAT1

[SPI(Seoul Property Insight) @SPI45323666]

Logos is an Australia-based real estate investment company that is highly influential in the Asia-Pacific logistics center market. Since its establishment in 2010, Logos has expanded its logistics center investments throughout the…https://t.co/91ufpj4g1g https://t.co/bGx4u31TO0

[SPI(Seoul Property Insight) @SPI45323666]

The listed REITs market is showing signs of a new downturn. The simple average return for the 20 listed REITs last week was -1.19%. This is a relatively large decline compared to the previous week. The possibility of an interest ra…https://t.co/NRNc1lmIEc https://t.co/BFqgi7zLb4

[SPI(Seoul Property Insight) @SPI45323666]

The concept of NOC, or Net Occupancy Cost, is an important one in the office rental market. The NOC is the sum of the total cost paid by the lessee per exclusive area. It is usually the sum of the opportunity cost for rent, mainten…https://t.co/EQaqrVGUfM https://t.co/fRKnWyfv9I

[SPI(Seoul Property Insight) @SPI45323666]

1. Mirae Asset Global REIT Resumes Houston Logistics Center Purchase
2. Seoul’s Guro Data Center Goes to PDG with Help from Warburg Pincus
3. Self-storage in Korea Increases 50% Year-on-Year

#SPI #Seoulpropertyinsight #realestat…https://t.co/tVQLnxocfF https://t.co/m4Q03KdG0h

[SPI(Seoul Property Insight) @SPI45323666]

The new owner of Tower 8 near Jonggak Station has been selected. Completed in 2015, the office building has seven basement levels and 24 above-ground levels, and a total floor area of 51,654 square meters. Recently, the fundamental…https://t.co/63gQuh84YC https://t.co/WIoMLWhVrv

[SPI(Seoul Property Insight) @SPI45323666]

Located in the heart of central Seoul, Yongsan was a mecca for the electronics industry in the 1990s, but has declined along with the industrial paradigm shift since the 2000s. It has since earned a reputation for being a chronical…https://t.co/xuzjDYe4HV https://t.co/3qdzuy3Ehx

[SPI(Seoul Property Insight) @SPI45323666]

This year, the Korean data center investment market is at an important turning point. Data centers have emerged as a new sector in the commercial real estate market, and assets have begun to complete transactions. The domestic data…https://t.co/azTh9dkxFK https://t.co/fXgNRxssCR

[SPI(Seoul Property Insight) @SPI45323666]

The 6-week upward trend in the domestic listed REITs market has come to an end. The domestic REITs market enjoyed a steady recovery since mid-May, overcoming a deep freeze for the months prior, but this rising trend has ended after…https://t.co/AQASZLj1QP https://t.co/ZQUTszqIMt

[SPI(Seoul Property Insight) @SPI45323666]

Often called the ‘Brooklyn of Seoul’, Seongsu-dong is continuing to be a hot target for investors. Several large asset management companies, institutional investors like mutual aid organizations and pension funds, and foreign inves…https://t.co/IXrIkzlV9b https://t.co/lFSQ2JfW8f

[SPI(Seoul Property Insight) @SPI45323666]

1. POBA Invests KRW 130 billion in CMBS
2. Mastern Management, “Seoul Office Market Optimistic”
3. Yongsan Electronics Market Area to Become IT ‘Mecca’
4. KAMCO Selects 5 Trusted Management Companies for ‘PF Business Site Normaliza…https://t.co/bGmMpaL4Hu https://t.co/ybEZkC6c5S

[SPI(Seoul Property Insight) @SPI45323666]

Samsung SRA Asset Management has been the most prominent manager in the Korean commercial real estate market this year. While “IMAKO” (IGIS Asset Management, Mastern Investment Management, and Koramco Asset Management) has been slo…https://t.co/L7yGkBmRfg https://t.co/NMub31VIYD

[SPI(Seoul Property Insight) @SPI45323666]

The stock prices of the domestic listed REITs have continued to thaw as we started the month of June. The average weekly return of 20 listed REITs was 0.96%. The upward trend that began in the first week of May has extended into Ju…https://t.co/6svoyUsZC5 https://t.co/K2nByFVJr3

[SPI(Seoul Property Insight) @SPI45323666]

1. LaSalle and Middle East Sovereign Wealth Fund Acquire Two Logistics Warehouses in Icheon
2. With Highest Alternative Investment Last Year, KIC Expanding to 25% by 2025
3. IGIS Value REIT, IGIS Residence REIT Lay Groundwork for E…https://t.co/i6QI0Sg0Ox https://t.co/tzTZi5YvRz