The sale of Vestas Asset Management has been a hot topic in the real estate asset management industry. Vestas held several talks with companies interested in the acquisition. Several companies, including Singaporean ARA Korea and CapitaLand Investment Management, as well as Shinhan REITs Management, have shown interest in acquiring Vestas. Other companies showing interest are hoping to set up a real estate asset management company in Korea. However, no transaction has taken place. Vestas VP Park Byung-joon announced he was leaving at the end of last year, and Mastern Investment Management offered to recruit him as head of their overseas real estate division. Although last year’s performance number have not […]