Many foreign investors have been actively entering the Korean commercial real estate loan market. ESR established a USD 325 million credit fund to invest in the Korean real estate lending market, funded by the Canada Pension Plan Investment Board (CPPIB). This is the first time that ESR has created a fund to invest in the Korean real estate loan market. ESR’s subsidiary, Kendall Square Asset Management, operates this credit fund and is seeking investment opportunities in new economy sectors like logistics centers and data, which are ESR’s strengths. Now, seed asset investment is being reviewed. In September last year, global alternative investment management firm SC Lowy formed a […]