2024. 01. 01 · Victor Yongmin Jun
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
※Editor’s note: This year, the logistics center investment market had one of its most difficult years ever. There are many businesses that are facing oversupply, rising vacancy rates, rising financial and construction costs, and poor real estate PF. Many projects are seeing no way out of this difficult period. These hard times will be with us for some time. Acosin Director Jeong Yong-min regularly contributes to SPI on trends in the logistics center market. He has shared the top 10 issues in the logistics center market of 2023. 1. Oversupply and Vacancy Rates a Big Concern 2022 saw large-scale supply (approval for use) additions for logistics centers […]
※The copyright of the content is on the Seoul Property Insight (SPI) and may be subject to legal sanctions for unauthorized capture or illegal publication.
Victor Yongmin Jun
Director, Hocosin Inc.
Victor worked as an industrial & logistics professional conducting transaction & leasing advisory at CBRE Korea since 2011 and thus has a relatively deep understanding of the Korean logistics investment market and history. After CBRE, he joined Colony Capital Korea branch, the real estate private equity firm headquartered in Los Angeles, where he was in charge of investment analysis of logistics center, data center, and other sectors. He was highly involved in the outbound fundraising from Korean LPs into Colony’s signature NPL funds as well. He is working at Hocosin Inc. as a logistics center developer and also providing advisory services to diverse investors.
Major Career
CBRE Korea Industrial & Logistics transaction & leasing advisory
Colony Capital Korea branch investment analyst & fundraising support
PK Invest (Family Office) Investment
CCIM Korea Chapter International Committee Chair (2019~2021)
University of Michigan, Ann Arbor (Bachelor of Arts, Economics)
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