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NPS Real Estate Investment Office Creating Fourth Team for REITs Investment

2023. 07. 19 · 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 National Pension Service (NPS) Real Estate Investment Office has three teams dedicated to the Americas, Europe, and Asia. In 2020 Kim Hyun-soo (now CEO of Pimco Prime Real Estate Asia Pacific) was leading the Real Estate Investment Office during its reorganization from the generalized two department structure into the more specialized Americas, Europe, and Asia structure. This was done to strengthen the competitiveness of their real estate investment capabilities. Now the NPS is preparing to start its fourth team, and the keyword here is ‘REIT’.     New Team Likely Centered on REITs The NPS has been preparing for this fourth team for quite some time. In […]

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