Real Estate Korea Where Success Knows No Limits Index 1. Industry Overview3 2. Government Policies18 3. Success Cases19.

Slides:



Advertisements
Similar presentations
Financial convergence in Asia C.P. Chandrasekhar.
Advertisements

P4 - explain how internal and external factors affect UK
© Family Economics & Financial Education – Revised November 2004 – Investing Unit – Language of the Stock Market Funded by a grant from Take Charge America,
Weathering the Commercial Real Estate Market January 28, 2010.
G REYSTAR Rocky Mountain Commercial Real Estate Expo & DU Fall Forecast November 12, 2004.
Exploring the Canadian Market Russ Sawchuk, Director North Carolina Canada Office.
Foreign Exchange Chapter 11 Copyright © 2009 South-Western, a division of Cengage Learning. All rights reserved.
Rosen Consulting Group Real GDP Growth. Rosen Consulting Group U.S. Employment Growth.
China’s Tourism Boom By Bruce Einhorn. China's new wealth has created a new kind of world traveler, the Chinese tourist. Both inbound and outbound tourism.
© 2011 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
CANADA-UNITED STATES LAW INSTITUTE Private Financing of Entrepreneurships: Sources of Private Financing.
AUSTRALIA’S PLACE IN THE GLOBAL ECONOMY EXCHANGE RATES AN OVERVIEW.
REIA November 2011 Institutional Investment Outlook 1.
Introduction to Tourism Chapter 1. Tourism According to World Tourism Organization (WTO) tourism is the world’s largest industry According to World Tourism.
Dollars and Sense UNIT 5: Investing Part 3: Stocks.
Woods et al., Professional Front Office Management © 2007 Pearson Education, Upper Saddle River, NJ All Rights Reserved. 1 Overview of the Lodging.
Strictly Private and Confidential NAIOP Toronto 2009 Forecast Breakfast.
Convention Center Community Coalition 1. Time Line 2008: Feasibility Study by CS&L May 2009: Follow-Up Data April 2010: Appleton Council/Mayor Appoint.
Chapter Seven Accounting for Liabilities © 2015 McGraw-Hill Education.
HOSPITALITY INDUSTRY IN INDIA
Cash rich Korean Institutional Investors turning to overseas Private Equity to boost their returns ZAINAB OUMERYEM KOREAN INVESTORS HUNGRY FOR OVERSEAS.
KEY DEMOGRAPHICS AsiaEurope (25 countries) USA 3,800 million455 million291 million 42 million km²4 million km²9 million km² US$ 4,969US$ 23,600US$ 36,300.
An overview of prepared for A D V I S O R Y G R O U P World Services Group, Inc. May, 2004 U.S. Economy & Commercial Real Estate Investment Market.
First Industrial Realty Trust, Inc. Mary Voss December 2, 2004.
1 The Credit Crisis in Commercial Real Estate. 2 Commercial real estate accounts for a meaningful 6% of GDP Commercial real estate entered the recession.
Name Paul Kobyra Location Norwalk, CT Insurance Market Report - 2nd Quarter 2003.
Chapter 9 Introduction to Income-Producing Properties: Leases,
12-1 Issue 15 – The Foreign Exchange Market Extracted from Krugman and Obstfeld – International Economics ECON3315 International Economic Issues Instructor:
Part 4 PowerPoint Presentation by Charlie Cook Copyright © 2003 South-Western College Publishing. All rights reserved. All rights reserved. Finding Sources.
Chapter 9 The Foreign Exchange Market McGraw-Hill/Irwin Global Business Today, 4/e © 2006 The McGraw-Hill Companies, Inc., All Rights Reserved.
The Start of a New Cycle in Real Estate? Ian Goltra Portfolio Manager, Forward.
Oriental Fire & Marine Insurance Co., Ltd. Information herein is published on OFMI Management Overview ( FY2004 First.
:: MEDIA CONFERENCE :: 17 JANUARY 2006 SINGAPORE 1000 & SINGAPORE SME DP INFORMATION GROUP Ranking Body & Publisher ERNST & YOUNG SINGAPORE Co-Producer.
First Industrial Realty Trust November 20, 2008 Brian Bird Ryan Foelske.
Real Estate Principles and Practices Chapter 16 Investment and Tax Aspects of Ownership © 2014 OnCourse Learning.
December/Full-Year 2013 MLS Sales Statistics The December/full-year 2013 MLS statistics will be released on Tuesday morning, and here are some quick takeaways:
1 COMPILING QGDP OF THE SERVICES SECTOR ACTIVITIES - DATA SOURCES AND METHODOLOGY Ramesh Kolli Additional Director General Central Statistical Organisation,
Financial Markets Saving & Capital Formation – Saving – absence of spending Savings – Money available when.
:: MEDIA CONFERENCE :: 18 JANUARY 2007 SINGAPORE 1000 & SINGAPORE SME DP INFORMATION GROUP Ranking Body & Publisher ERNST & YOUNG SINGAPORE Co-Producer.
Major Financial Institutions.  Banks and Credit Unions  Federal Reserve  Types of Business:  Sole Proprietorship, Partnerships, and Corporations 
© 2007 Thomson South-Western. Open-Economy Macroeconomics: Basic Concepts Open and Closed Economies –A closed economy is one that does not interact with.
Real Estate Principles and Practices Chapter 16 Investment and Tax Aspects of Ownership © 2010 by South-Western, Cengage Learning.
Accounting for Liabilities Chapter 7 Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
US INVESTMENT OVERVIEW 0 CUSHMAN & WAKEFIELD C&W Overview OWNERSHIP C&W is the world’s largest privately held commercial real estate services firm. In.
Real Estate Sales July Mobile & Baldwin County Single Family Residential Homes Sold - Trend DecFebAprJunAugOctDecFebAprJunAugOctNovDecJanFebMarAprMayJunJul.
Artis Real Estate Investment Trust AX.UN By the Real Estate and Health Analyst Team.
Offshore Plant Korea, Where Success Knows No Limits Index 1. Industry Overview4 2. Competitiveness & Prospects8 3. Government Policies13 4. Cost15 5.
1. PEF Market & Venture Capital Korea Where Success Knows No Limits 2 Index 1. Overview3 2. Korea’s PEF Market4 3. Korea’s Venture Companies17.
Logistics & Distribution Korea Where Success Knows No Limits 1. Status of the Global Logistics Industry3 2. Status of Korea’s Logistics Industry4 3. Competitiveness.
Update on Real Estate Capital Markets-- Where is the Equity Investment Market Today? CREW Network: Investing in Your Professional Development Presenter.
Where Success Knows No Limits
Fourth Quarter / Full Year Earnings 2008 Kimberly Ross Chief Financial Officer March 2, 2009.
1. Cultural Contents Korea Where Success Knows No Limits Index.
Where Success Knows No Limits
Contents Ⅰ. Company Overview Ⅱ. Profitability Ⅲ. Financial Status Ⅳ. Longterm Outlook Ⅰ. Company Overview Ⅱ. Profitability Ⅲ. Financial Status.
Business Overview Ⅱ Ⅱ Business Strategies Ⅲ Ⅲ Industry Overview Ⅰ Ⅰ Appendix Ⅳ Ⅳ.
Overview of the Korean Economy September 2009 Joong Shik Lee Research Department The Bank of Korea.
4 Mutual Funds and Other Investment Companies Bodie, Kane, and Marcus
Analyzing Financial Statements
© The Young Entrepreneurs Academy, Inc. All Rights Reserved
Forms of Business Ownership and Organization
Property Management Economics and Planning
Qualities of Real Estate as an investment Week 2
SME Credit Guarantee Mechanism in Taiwan
Forms of Business Ownership and Organization
Investing in Mutual Funds, Exchange traded funds, and Real Estate
Forms of Business Ownership and Organization
Mr. Stasa- Willoughby-Eastlake City Schools
Corporations: Organization, Stock Transactions, and Dividends
Presentation transcript:

Real Estate Korea Where Success Knows No Limits Index 1. Industry Overview3 2. Government Policies18 3. Success Cases19

Real Estate Trends of Korea Growing influence of foreign capital companies in Korea’s office market 3 Sales of large office buildings through foreign capital in 2014 ※ Limited to: Area of 33,000 ㎡ or more Source: Kyobo Reality, IB Industry, quoted from a “Money Today” article dated September 1, 2014

*GIC’s active investment in Korea’s logistic centers 4 Bird’s-eye view picture of Ansung Homeplus Logistics Center Bird’s-eye view picture of the Dukpyeong Logistics Center upon completion Total investments of the GIC KRW 700 billion Total investments of the GIC KRW 700 billion Total investments of TEMASEK KRW 400 billion Total investments of TEMASEK KRW 400 billion *GIC (The Government of Singapore Investment) Real Estate Trends of Korea

Hyundai Motor won the bid for KEPCO’s Gangnam Site 5 Real Estate Trends of Korea

Office Market Status of transactions and newly supplied properties in Status of the office building market in Seoul (2014) Source: Mate Plus

Office Market 7 Foreign capital invested in office buildings in Seoul Source: Mate Plus Foreign capital invested in office buildings in Seoul

Real Estate Fund (REF) Changes in the REF market 8 Chronological status of increase in real estate fund Chronological status of increase in total net asset Chronological status of increase in total net asset (As of June 27, 2014) (As of June 27, 2014, Unit: KRW trillion) Source: Korea Financial Investment Association (KOFIA), KAREIT Report (summer edition, 2014) real estate funds

Real Estate Fund (REF) Current status of REFs in Korea 9 Status of REFs (as of November, 2014) Source: KORAMCO Market Review, January, 2015 Status Established funds Total 608 units, KRW trillion Total net assets KRW trillion (100% of established fund) Invested area Overseas144 units, KRW 8.36 trillion, 28% Domestic464 units, KRW trillion, 72% Capital raise Public offering21 units, KRW 1.18 trillion, 4% Private offering587 units, KRW trillion, 96%

REIT Changes in the real estate REIT market 10 (As of June 27, 2014, Unit: KRW trillion) (As of June 27, 2014) Chronological status of increase in REIT increase in REIT Chronological status of increase in REIT increase in REIT Chronological status of increase in total net asset Chronological status of increase in total net asset Source: Korea Financial Investment Association (KOFIA), KAREIT Report (summer edition, 2014)

REIT Current status of REITs in Korea 11 Status of REIT (As of November, 2014) Source: KORAMCO Market Review, January, 2015 StatusNote Total amount of assets being managed KRW trillion96 REIT in total Average amount of assets KRW billion Excluding companies with assets below KRW 5 billion Dominant type Externally managed REIT54 externally managed REIT Listed REIT 18 companies11 companies are dissolved or de-listed.

Retail Market Current status of Korea’s retail market 12 Stores sold in lots increased 36% in H1 of 2014 YoY. Retail sales in H1 of 2014 increased 2.3% YoY.

Retail Market Status of Korea’s retail market 13 Status and prospects of the retail market Note : *Based on net retail sales, excluding fuel expenses Source : 2011 – 2013: Korea Statistics / 2016 – 2014: Expert forecasts Unit: KRW tn

Retail Market Status of the outlet operation by company 14 Hyundai As of 2013, the company’s outlet sales recorded KRW 1.5 trillion, a 19.5% increase year-on-year. LotteLotte  The company plans to operate eight outlets by  Targeting premium outlets, Simon Property Group and Shinsegae created a joint-venture corporation, Shinsegae-Simon, with each taking a 50% stake in the venture. Shinsegae- Simon Annual sales of KRW 250 billion are expected for the company’s Gimpo outlet, which is scheduled to open in 2015; KRW 730 billion for the Pangyo outlet and KRW 120 billion for Garden Five. HyundaiHyundai The company operates 51 outlets in total: NC outlets (15), 2001 Outlets (8), New Core Outlets (19), Donga Outlets (6) and Premium Outlets (3). E-LandE-Land

Retail Market Status of large discount stores 15 Source: MK Economy No. 1787, December 22, 2014

Hotel Market Overview of hotels in Seoul 16 Undersupply of rooms due to the increased number of foreign visitors Increased number of foreign visitors - 12 million people in Chinese travelers increased 52.5%. Preferences % of travelers visited Seoul and 73.5% chose hotels for accommodations. Booming business hotels (3 – and 4-star, reasonable price) Booming business hotels (3 – and 4-star, reasonable price) Shilla Stay Lotte City Westin Chosun’s business hotel Nine Tree.

Free Economic Zone Occupancy Eligibility Government Support Free Economic Zone 17

Eased restrictions on resale and staying period Government Support Measures to stimulate the local economy 18

Success Cases Construction of the Incheon BridgeCategoryNote InvestorAMEC NationUK Investment areaSongdo, Incheon SizeUSD 37.9 million  Incheon Bridge, the world’s 5th longest cable-stayed bridge, spans a 12.3 km distance.  AMEC will be maintaining Incheon Bridge for 30 years until 2039, collecting the toll.  The construction cost of Incheon Bridge will be recollected through Incheon Bridge Co., Ltd's 23% share of the bridge. Result of investment OverviewOverview 19

Success Cases LegolandCategoryNote InvestorMerlin Entertainments Group NationCheonan, Gangwon Province Development area 1,291,434 ㎡ SizeUSD 100 million  Legoland is expected to draw more than 2 million family tourists from both Korea and overseas annually.  The American Economic Research Association forecasts that Legoland Korea will be visited by about million people in 2025, starting with million visitors in Result of investment OverviewOverview Legoland Deutschland 20