
Mastern Pushing for Sale of 13 E-Mart Stores, Multifaceted Strategy for Development and Refinancing Needed
2025. 08. 11 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
The poor performance of large supermarkets such as Homeplus, Lotte Mart, and E-Mart is also having a major impact on the commercial real estate market. In March, MBK Partners applied for the corporate rehabilitation process for Homeplus and began to reduce rental fees, which dealt a severe blow to indirect real estate investment products such as real estate funds and REITs with Homeplus as the underlying asset. Many of the real estate asset management companies or developers that acquired Homeplus had long-term development plans and made investments, but the sudden filing for corporate rehabilitation by Homeplus has disrupted the original plans, plunging the real estate finance market into […]
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Content Editor, Seoul Property Insight(SPI)
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