Deal

ESR Kendall Square Terminates Siheung Logistics Forward Purchase

Forward Purchase Scrapped as Vacancies Persist; Koramco to Re-Market Asset

Development

Seoul Mayor Bows to Reality as Hyundai Pushes Scaled-Back GBC Vision

Seoul mayor shifts stance on skyscraper obsession Hyundai embraces economic realism in inflation era

Development

Gimpo Hyperscale Data Center Clears Local Opposition, Finally Breaks Ground

Delayed for Years by Resident Pushback, New $280M Facility Will Connect Seoul to Global Cloud

Deal

PAG Weighs Seoul City Tower Sale Following $4B Fund Close

Firm reviews exit options after major renovations and tenant repositioning since 2022 acquisition

Deal

Distress Exit Marks Collapse of IGIS’s Short-Term Play in Spain

Short-term exit strategy met with value erosion amid interest rate surge Only KRW 4.3bn (USD 3.2m) to be returned from KRW 129bn (USD 94.2m) investment

Deal

Aberdeen Eyes Pacific Tower: Strategic Play in Seosomun Revival

Deal

M&G Bets on Seoul’s Co-Living Boom

First Move Targets Youth Hubs Like Sinchon Shift from Offices to Urban Living Signals Strategic Pivot

Development

Massive Logistics Project Collapses: GIC Hit After Blackstone Deal Falls Through

Court-Led Auction Underway in June—Market Reels from Aftershock

Deal

Aberdeen's Value-Add Masterclass; Samwon Tower

Flipping Samwon Tower for 50% Profit Over 100% Return on Crystal Square in Just Four Years

Development

Paradise Group to Build Ultra-Luxury Hotel in Central Seoul

Larger than Shilla Hotel but Fewer Rooms Construction Cost 18% Above Five-Star Average

Deal

Centerfield Shake-Up: Cracks Emerge in Gangnam’s Rock-Solid Office Market

Npixel Exits, Krafton Plans Departure — Is GBD Still Immune?

Deal

Wave of New Supply Sparks Tenant Race in Seoul CBD

Developers Jockey for Tenants Ahead of Office Supply BoomOver 2.5M㎡ of New Supply—80% Spec Development—Opens High-Stakes Tenant Hunt in CBD

Market

GBD Reimagined: Fivefold Supply and a Regulatory Reset

Corebeat Insight Vol. 7: A Deep Dive into GBD’s Supply Pipeline Seoul Eases Teheran-ro Rules After 16 Years, Paving Way for High-Density Growth

Market

Aftermath of Fire at KKR Logistics Property

KKR Faces Complex Restructuring Amid Rent Negotiations

Deal

With Aman Locked In, Shinsegae Taps Tokyo Playbook for Ultra-Luxury Residences in Seoul

Azabudai Hills model looms large as Shinsegae preps branded residences at former Prima Hotel site. Penthouses in Tokyo fetched up to USD 220 million.

Deal

Seoul Logistics Market Turns the Corner as Rents Hit Record High

Supply shrinks to 36% of previous year; investor sentiment rebounds amid falling vacancies