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After first entering the Korean market in 2021, Hines is now pushing forward with office investment in Seoul. Early last year, Hines established a local real estate investment organization in a coworking space at Yeouido IFC. It is led by Lee Hyung-seop. Lee is a person previously oversaw domestic real estate investment at DWS Asset Management. After establishing this organization, it quickly expanded investment in Korea. Logistics centers were the first target, but now Hines has moved on to office building to diversify investment. At the end of last year, Hines invested in three logistics center development projects located in Gyeonggi-do, and this year is investing in Westgate Tower located […]
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Content Editor, Seoul Property Insight(SPI)
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