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GIC Moves Solo, Reminiscent of IMF Crisis Era

2022. 10. 26 · 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.

The Government of Singapore Investment Corporation, also known as GIC, is always one step ahead of the others. The current mood in the Korean commercial real estate market could possibly be summed up quite concisely. While all the domestic institutional investors are experiencing issues with funds, GIC is the only one able to make investments. GIC has the advantage in this current situation as domestic institutional investors do not have the capital to invest. The weakened won has made Korea a more attractive place to invest, and GIC has plenty of funds to do so. With no other competitors, everyone is looking to see how big GIC’s buying power will […]

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