The Public Officials Benefit Association (POBA) is among the three most influential institutional investors in Korea, which includes the National Pension Service (NPS) and Korea Teachers’ Credit Union (KTCU). POBA total assets last year amounted to KWR 18.9883 trillion, and alternative investments accounted for 72.7%, at KRW 13.8206 trillion. The proportion of alternative investments has continued to rise from 57.9% in 2018 to 54.5% in 2019 and 58.1% in 2020. Not only did the proportion increase, but it also made a significant presence by investing in bold assets such as Pangyo Alphadom City and Jonggak Station Centropolis. These are examples of POBA’s status in the Korean commercial real estate investment […]