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SPI Weekly Korean Market Update(2021.10.17~10.23)

2021. 10. 25 · 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.

Pacific Investment Management Establishes First Logistics Center Blind REIT Pacific Investment Management is expanding its logistics center investments. On the 20th, Pacific applied for approval from the Ministry of Land for the establishment of Pacific Logistics Specialized No. 1 Commissioned Manager Real Estate Investment Company. It is a blind REIT investing in logistics centers, and is worth KRW 200 billion. The Public Officials Benefits Association participated as an investor. While Pacific Investment Management operates two E-Land logistics centers in Cheonan, this is its first blind REIT. They are expected to further expand investment in logistics centers using its blind REIT. Pacific Asset Management had previously obtained investments from KFCC and […]

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