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Jeju Island Sees Surge in Luxury Hotel Listings

Maison Glad, Parnas, and Now Grand Chosun Listed for Sale Jeju's Heavy Reliance on Domestic Tourism Makes It Vulnerable to Economic Fluctuations Limited Investment Capacity of Domestic Institutions Attracts Foreign Interest

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Pangyo Tech One Sale to Set Market Tone

Pangyo Tech One's resale after two years is expected to set a benchmark for Pangyo office prices Initial price proposals for Pangyo Tech One are in the early USD 9,075 per square meter range

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Busan City Launches USD 1 Billion Quantum Landmark Tower Project

The long-vacant "Sega Sammy" site in Busan's Centum City will be developed into a USD 1 billion mixed-use complex focused on quantum computing The 60-story skyscraper (B6-60F) will house offices, residential-office units, retail spaces, and is expected to become a hub for quantum computing companies including IBM

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Luxury Brand Aman Bringing Its First Janu Resort to Jeju

Janu Jeju will feature a hotel, convention center, and residences in Jeju's Aewol area, with an estimated project cost of USD 600 million Construction is scheduled to begin in Fall 2025 with completion targeted for late 2027, marking Janu's sixth global location

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Blackstone Adds Two More Logistics Centers in Korea

Blackstone expands Korean logistics portfolio with acquisition of MQ Logistics' Gimpo Gochon and Namyangju Hwado centers for USD 250 million This marks Blackstone's third Korean logistics center, following its previous acquisition of Gimpo Seonggwang Logistics Center in 2023