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Weekly Korean Market Update(5/20~5/26)

2024. 05. 27 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    Korea Post Selects Brookstone to Manage USD 100 million for Overseas Alternative Investment Korea Post, which manages approximately KRW 143 trillion in funds, has decided to invest USD 100 million in overseas real estate loan assets, and has finally selected Brookstone to manage the investment. There will be investment of at least 80% in senior, junior, and mezzanine loan assets, mainly in developed countries in North America, Europe, and Australia. The target rate of return is a net IRR of 7% or higher in US currency. Last year, Korea Post selected Pretium Partners and Greystar as consignment managers for USD 200 million in overseas real estate investment. The […]

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