The future headquarters for the Teachers’ Pension, TP Tower, is currently being built in Yeouido, Seoul. This in an indirect investment where the Teachers’ Pension has directly invested in a REIT.. The Teachers’ Pension is the first pension fund to use the REIT indirect investment method for development. It has partnered with Koramco REITs & Trust to pursue this strategy. In 2018, KORAMCO was selected as consignment manager. The project began thereafter and is scheduled to be completed before the end of the year. The total investment is KRW 461 billion, of which the Teachers’ Pension will contribute KRW 223.6 billion, or 97%, of KRW 230.5, and REITs manager KORAMCO […]