Seoul Real Estate News
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Asia Pacific Hotel Investment Tops $12 Billion in 2024
Asia Pacific hotel investments are projected to reach $12.2 billion in 2024, driven by increased investment activity, a favorable interest rate environment, and positive macro and microeconomic trends.
World Property Markets to Commence Industry Joint Venture Funding Round
Michael Gerrity, founder of Miami-based World Property Ventures (WPV), has announced that WPV's wholly-owned subsidiary, World Property Markets, is soon launching a significant $350 million joint-venture funding round with multiple industry partners later this quarter.
Asia Pacific Office Sector to Further Reprice Throughout 2024
Based on new data by CBRE, Outstanding senior commercial real estate debt in Asia Pacific totals at least $257 billion, with a funding gap of $8.4 billion expected between 2024 and 2026. This is a much narrower gap than investors in the other major regions.
South Korea is Asia Pacific's Top Performing Hotel Market
According to CBRE, strong domestic and international demand have established Korea as one of the top-performing hotel markets in the Asia Pacific region over the past two years.
