IGIS Acquisition Battle Narrowed to Three Competitors Greetings from SPI editor Koh Byung-ki. This is the weekly commentary for the second week of November. The biggest news in the Korean commercial real estate market this coming week is undoubtedly the news of the sale of IGIS Asset Management. While some stories have trickled out, the sale has the potential to bring about major changes to the industry landscape, and the market is keenly interested. The main bidding took place on November 11 with Hanwha Life, Heungkuk Life, and Hillhouse Investment participating. This excludes CapitaLand and MBK Partners, which were on the previous shortlist. Hanwha Life and Heungkuk Life hope to […]