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GIC-Weave Living Acquires 143-unit Officetel in Jeonnong-dong for Appx. KRW 40.5 billion

2025. 10. 29 · 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.

    Amid increasing uncertainty regarding rental housing investments due to the government’s successive real estate measures that have strengthened regulations related to loans and taxes, the Government of Singapore Investment Corporation (GIC) has attracted attention by resuming investments in Korean rental housing for the first time in seven years. Since 2018, GIC has partnered with SK D&D to invest in the Korean rental housing market. GIC invested in four rental housing development projects in Seocho, Gangnam, Sinchon, and Suyu in collaboration with SK D&D, and still holds them today. However, no additional investments were made due to reasons such as policy risk. Now GIC is turning heads with a […]

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