GIC and KKR Seek New Owners for Assets Being Sold Greetings from SPI editor Koh Byung-ki. This is the weekly commentary for the fourth week of October. In the fourth week of October, the Korean commercial real estate market saw foreign major players begin to choose new owners for their assets. The preferred bidders for the Seoul office assets being sold by the Government of Singapore Investment Corporation (GIC) and Kohlberg Kravis Roberts (KKR) have been selected. Eugene Asset Management has been selected as the preferred bidder for the Doosan Construction Nonhyeon building being sold by GIC. GIC holds about 80% of the shares, while the remaining 20% is held […]