Foreign investors continue to show interest in the Korean hotel market. There has been active interest from American, European, and Asian real estate asset management companies and institutional investors for hotel sales in Seoul. Last year, ARA Korea Asset Management used Japanese funds to acquire the Conrad Hotel Seoul from Brookfield Asset Management, and more recently, the British asset manager M&G Real Estate joined as an investor. Former Competitors in IFC Bid to Joint Venture Partners for Conrad Hotel Seoul, M&G and ARA Ponder Next Move Several foreign companies, including the Government of Singapore Investment Corporation (GIC), Blackstone, KKR, SC Capital Partners Group, and Partners Group are waiting […]