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Insights from the Business Pivot Process: Finding a Path at the Center of Change

2024. 12. 26 · Matthew Shampine
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    The DNK Pivot: Finding Our True Calling In the midst of the uncertainty, we acquired a Co-living operator called Dears that was managing a co-living space in Pangyo. Running this 520-unit building gave us a front-row seat to a new problem: the lack of modern software for property and leasing management in Korea. The software options available were either outdated or built for markets like the U.S., with little relevance to the unique needs of APAC. Drawing on my experience from WeWork, we developed our own property management software to run the building. It quickly became clear that the real opportunity wasn’t in managing properties but in building […]

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