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.
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.
it will be managed by IGIS Asset Management, a leading real estate management company in South Korea. GIC has been showing interest in the real estate, of late. Earlier in 2016, the sovereign wealth fund entered into an agreement with Shingsegae Inc., a.
The company completed the deal through a joint venture with IGIS Asset Management , the largest real estate manager in South Korea. “Asia offers a diverse basket of opportunities. At the current stage of the cycle, we advise our investors to prioritise.
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South Korea's IGIS Asset Management Co. Ltd . will manage the investment in the senior loans backed by the Woodies building through maturity of 2029, on behalf of the Korean insurers, according to investment banking sources on Nov. 2. One of the sources .
South Korea's National Pension Service (NPS), Public Officials Benefit Association (POBA) and Hyundai Marine & Fire Insurance Co. Ltd. are likely to commit $380 million to a blind-pool real estate fund which private equity firm Rockpoint Group is.
IGIS Asset Management bought Signature Towers Seoul located in Supyo-dong, Jung-gu, for 726 billion won (US$645.05 million) in the second quarter, which is the sixth highest price in history. The Yuanta Securities building in in Euljiro 2-Ga, Jung-gu.
Colin McLean, managing director, SVM Asset Management, said the Royal Bank of Scotland has tried hard to avoid a cash call on shareholders to bolster its balance sheet. "It [the bank] rejected suggestions by analysts concerned about Royal Bank's core.
At the time, my colleague Daniel Sernovitz reported that the former owner, German investment firm KanAm Grund, sold the building to an affiliate of IGIS Asset Management , which is based in Seoul, South Korea. The institute moved into Chinatown when it .
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.
Six five-star hotels are for sale in Seoul. They are the Conrad Seoul owned by AIG Group, Banyan Tree Club & Spa Seoul by Hyundai Group, Renaissance Seoul Hotel by Sambu Construction, Millennium Seoul Hilton by City Development Limited Hotel Korea (CDL.