South Korea’s leading real estate asset manager IGIS Asset Management Co. has acquired CJ Logistics Corp ... The facility will be leased out to the country’s leading logistics company CJ Logistics for 15 years after its completion, and is expected.
GIC, NPS and a South Korean state-run mortgage lender have committed a total of 412 billion won ($351 million) to the fund set up by IGIS Asset Management Co. Ltd ., a South Korean investment firm, to buy the retail property asset from GS Retail Co. Ltd.
State Teachers Retirement System of Ohio is planning to sell $300m (€264m) of assets from its directly-held real estate portfolio and reinvest the proceeds over the next 12 months. The pension fund is also planning to return to making commitments to .
The acquisition was done jointly with Korea’s largest asset management company, IGIS Asset Management, with the local partner also responsible for managing and leasing the property following this week’s closing. Betting on an Upswing in Downtown Seoul.
The separate account fund is managed by a consortium of IGIS Asset Management Co. Ltd . and CBRE Global Investors. The balance of 54 billion won ($45 million) will be borrowed from financial institutions in Germany. Payment will be completed by the.
LG and OCI sold their shares in Farm Biotech and Etec Infra, respectively. Lotte sold its shares in Universal Studios Korea Resort Asset Management Corporation and liquidated Igis I Corporation. In addition, Mirae Asset , POSCO, KT and Daelim excluded.
A consortium of KB Securities Co. Ltd. and South Korea's IGIS Asset Management Co. Ltd . has been picked as a preferred bidder for Hyatt Centric Waikiki Beach in the former Waikiki Trade Center. The public fund to be launched will be used to buy.
The construction of the new ATC tower has been completed and new equipment has been installed, Minister of State for Civil Aviation Jayant Sinha said in reply to a question in Rajya Sabha. IGI's new ATC tower to be fully operational in October 2018: Govt.
On Oct. 15, more than 10 institutional investors crowded into the room to bid for the Jeongdong Building in Jung District, central Seoul. Igis Asset Management offered 270 billion won ($244 million) and is in the process of purchasing the property.
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NEW DELHI: Delhi airport's terminal 1D is all set to get India's first body scanner. United States Trade and Development Agency (USTDA) will be giving a 'millimetre wave scanner' to IGI Airport which will be installed in the coming weeks. It will then.
The European retail property fund manager said co-founder Colin Campbell, who already owns 40% of Pradera's holding company Kuno, has purchased business partner Paul Whight's 60% stake for an undisclosed sum. Pradera said the deal would .