2025 has seen several large institutional investor funds actively entering the commercial real estate market. The National Pension Service (NPS) is one such example. The NPS held its ‘beauty contest’ for core platform fund managers that will invest in Korean real estate. This was the first of its kind since 2018, six years ago. Earlier this year in March, Samsung SRA Asset Management, KB Asset Management, and Capstone Asset Management were selected to manage the NPS core platform funds. They were tasked with raising additional funds to create core platform funds that are KRW 400-500 billion in size in addition to the KRW 250 billion received from the […]