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Deep Emotional Rift between Brookfield and Mirae Asset

2025. 11. 03 · 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.

    Deep Emotional Rift between Brookfield and Mirae Asset Deep Emotional Rift between Brookfield and Mirae Asset Greetings from SPI editor Koh Byung-ki. This is the weekly commentary for the last week of October. In the last week of October, the Korean commercial real estate market saw attention on the ongoing disputes surrounding the iconic asset, Yeouido IFC. Brookfield Asset Management’s asset, IFC, was put up for sale at the end of 2021, and Mirae Asset Global Investments, which offered KRW 4.1 trillion in early 2022, was selected as the preferred bidder. However, the deal fell through due to the Ministry of Land, Infrastructure and Transport’s refusal to grant […]

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