In our last two properties offered for sale here in Hawaii we have experienced great interest from buyers from Korea. While many of the buyers want to spend more time in the islands there is another twist to this buyer group. The Koreans are interested in major construction projects here in Hawaii. In the first half of this year we met with many groups doing "due diligence" on coming to Hawaii to build large scale resort projects. Specifically they are interested in Hotels in Hawaii and golf courses in Hawaii. These groups are looking at long term development and holding periods and starting with a minimum of 100 Million dollars investment in commercial real estate in Hawaii.
