
Blackstone Makes First Investment in South Korea with Logistics Center, Becomes Preferred Bidder for Gimpo Sungwang Logistics Logistics Center
2024. 06. 05 · 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.
It’s been 2 years since Blackstone entered Korea, and they have certainly been a popular topic of conversation ever since. The name Blackstone is synonymous with an overwhelming influence in the global alternative investment market. Before opening an office in Korea, the focus was mainly on collecting funds from domestic institutional investors and investing in the global real estate market, but its new office has brought the expectation that it will expand investment in Korea. To make this a reality, Blackstone hired its CEO, Kim Tae-rae, a former Angelo Gordon ‘Deal guy’ with active experience in the Korean commercial real estate investment market, to lead its real estate investment division. […]
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Content Editor, Seoul Property Insight(SPI)
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