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SPI Weekly Korean Market Update(12/4~12/12)

2021. 12. 13 · 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.

MBK and Bain Capital to Invest 300 billion in Yeongjong-do’s ‘Inspire Integrated’ The Inspire Integrated development project, which is to the largest resort complex in Korea, has finally gotten back on track after a sluggish run due to COVID-19. MBK Partners has invested KRW 150 billion into the project utilizing funds from Special Situation No. 2 Fund which was newly created in 2021. Global private equity fund Bain Capital has also invested the same amount through a private credit fund. A consortium of domestic securities companies, including NH Investment and Securities, KB Securities, and Hana Financial Investment, has provided KRW 1.4 trillion in financing for the project. The project is […]

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