GIC, short for the Government of Singapore Investment Corporation, is always mentioned when discussing foreign investors who have taken a leading role in the Korean rental housing market. GIC has been investing in rental housing in Korea in areas such as Seocho, Sinchon, and Suyu since 2018 in partnership with SK D&D. Gaw Capital invested in Twin City Namsan No. 1 corporate rental housing REIT located in Dongja-dong, Yongsan-gu in the mid-2010s, well before GIC, but this was not considered part of any significant trend. However, it was also expected that the entry of GIC, which has a significant presence in the Korean commercial real estate market, into […]