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GIC Finally Realizes Its Yeouido Dream

2022. 07. 28 · 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 Government of Singapore Investment Corporation (GIC), which has a significant influence on the global commercial real estate investment market, is known for buying and holding key assets located in strategic areas of major cities around the world, holding them for long periods of time to increase their value. GIC’s entered the Korean commercial real estate in the early 2000s, and their strategy has inspired Korean institutional investors. Domestic institutions have learned the value of long-term holding of core assets and are actively utilizing these strategies. They understand that the core assets are a city’s landmarks, and are highly competitive, making them assets not bought merely for fun, but are […]

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