Korea Investment Management Co. has obtained a 99-year leasehold for €370 million ($454 million) of two buildings in Brussels used as the headquarters of Belgium’s foreign ministry, in the largest property investment by a South Korean investor in the European…
Apple Korea is going head on to Samsung on its home turf, on target to sell 2.9 million iPhones in South Korea this year, giving it a market share of about 15 per cent. At the end of last month it had sold 2.6 million iPhones, and is forecasting improved…
Apple Korea is to open the brand’s first official store in Seoul, but no date has been revealed. A lease has been signed for a property in Garosu-gil Road, an upmarket, tree-lined street, with Apple Korea paying a 1.6 billion won (US$1.44 million) deposit for…