
2024. 03. 13 · 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.
Korea’s leading asset manager, IGIS Asset Management, has been shaken by governance changes and a leadership vacuum. President KJ Cho (Cho Kab Joo) finally broke the silence to deliver a clear message to all IGIS employees. With rumors and speculation about IGIS growing, executives, employees, beneficiaries, and major shareholders have become concerned, fearing that business might be disrupted. This led to Cho finally speaking up. Everyone has been waiting for this announcement. In a company-wide email sent to all employees on the 5th, Cho shared the following message. “The stake sale rumor recently reported in the media is untruthful. We will make decisions that are helpful to our […]
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Content Editor, Seoul Property Insight(SPI)
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