The Big Picture: RSquare and STIC Investment

2021. 11. 15 · 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.

Technological advances are having a major impact on the real estate industry. A growing number of companies are interested in innovation and are finding new opportunities through technological advancement. Prop-tech, a combination of ‘property’ and ‘technology’, is a neologism coined to refer to such companies. According to the Korea Prop-tech Forum, the current accumulated investment attraction for prop-tech startups is KRW 3.86 trillion, and the sales of prop-tech startups have grown to KRW 1.33 trillion as of 2020. Companies that engage in real estate and space businesses, such as IGIS Asset Management and Woomi Construction, are also continuing to increase their investment in related industries. However, the reality is that […]

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Byungki Koh

Content Editor, Seoul Property Insight(SPI)

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