Weekly Korean Market Update (7/11~7/17)

2022. 07. 18 · SPI

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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Korea Post Selects Mirae for Real Estate Consignment Management The Korea Post has selected Mirae Asset Management as its domestic real estate investment consignment management company. Mirae remains the preferred bidder, and the deal will be finalized given there are no unexpected changes. The fund’s size is expected to exceed KRW 500 billion, including an initial investment from Korea Post of KRW 400 billion and additional funds from Mirae Asset. The fund has an 8-year maturation period and can be extended up to two additional years. The Korea Post is planning to use this investment to strengthen its logistics portfolio. The plan is to invest 40% of the total funds […]

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Korean Market Update

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