It’s not beyond the realm of imagination that Brookfield could list a REIT with the Yeouido International Finance Center (IFC) as an underlying asset. When Mirae Asset Global Investments was selected as the preferred bidder for Yeouido IFC last year and attempted to acquire it in a private REIT structure, this showed its REITs potential. The deal fell apart, of course, before this could materialize. But Mirae Asset isn’t the only one that could follow through with this plan. Some time ago, SPI met with a representative from a foreign real estate company and discussed this exact scenario. Brookfield Asset Management, the current owner of IFC, will have to […]