The Public Officials Benefit Association (POBA) is entrusting a total of USD 250 million to overseas and domestic asset managers for global listed REIT investments. Back in February, SPI introduced the plan in the article, “POBA Increasing Global REITs Investments to Secure Liquidity, Selecting One Domestic and One Foreign Asset Manager” POBA announced its plan to select a global REITs manager on March 17. POBA is the most active institutional investor in Korea when it comes to global REIT investments. POBA has invested in global listed REITs through overseas asset managers such as AEW, Invesco, Starwood Capital, and CBRE Clarion. This time, a domestic company will be selected […]