Since Homeplus filed for bankruptcy and corporate rehabilitation in early March, the real estate asset management industry has been heavily impacted. This is because real estate funds and REITs products based on Homeplus could experience significant losses. Among the real estate funds and REITs that include Homeplus, many were already struggling to complete sales, and had extended the fund’s maturity or deferred dividends due to an inability to pay interest on loans. MBK Partners dealt the decisive blow by filing for Homeplus’ bankruptcy. Each asset management company is busy preparing countermeasures while keeping an eye on the developments of the Homeplus situation, but there are no clear solutions […]