KTCU and SK D&D to Invest in Rental Housing

2022. 02. 16 · Byungki Koh

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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

SK D&D is increasing collaboration with institutional investors. Earlier this month, the National Pension Service and SK D&D agreed to jointly invest in a development project worth KRW 260 billion. This time, SK D&D is partnering with the Korea Teachers’ Credit Union (KTCU). DDI Investment, an SK D&D subsidiary, joined the KTCU and Shinhan Bank for KRW 120 billion. SK D&D then invested KRW 30 billion to come onboard as an additional joint investor. This has the same structure as the joint investment agreement between the NPS and SK D&D. That joint investment agreement was worth KRW 260 billion. DDI Investment partnered with the NPS for KRW 2 billion and […]

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Byungki Koh

Content Editor, Seoul Property Insight(SPI)

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