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The National Pension Service (NPS) is setting its sights on the Seoul neighborhood of Magok. Everyone in the industry knows that the NPS, after having missed its opportunity in Pangyo, is now actively pursuing investment in Magok. Like Pangyo, where the commercial real estate investment market grew alongside the growth of IT companies, Magok, one of the last parts of Seoul open to large commercial development, is expected to open up commercial real estate investment opportunities along with the growth of companies. Currently, the most likely place for the NPS to invest first is Site C4 in Magok, which was acquired from Emart by a consortium of IGIS Asset Management […]
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Content Editor, Seoul Property Insight(SPI)
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