The National Pension Service (NPS) is a major player in the global capital markets. It manages over KRW 1,000 trillion in funds, and is so influential that it ranks among the top five pension funds in the world. Its impact on the global commercial real estate market is also significant. Also, since the NPS is so large, it has put a lot of effort into creating a structure to preempt good investment opportunities ahead of others, and to continuously expand and rather than focusing on one-time investments. Anything announced by the NPS serves as an important predictor of future market trends. This is why domestic and foreign asset […]