There are numerous real estate asset management companies on the market currently offering properties for sale. The leading real estate asset management company in Korea, IGIS Asset Management, is pushing for a stake sale with its largest shareholder, Son Hwa-ja, teaming up with multiple shareholders, while the second-largest real estate asset management company, Mastern Investment Management, is also considered a potential sale. Mplus Asset Management, a subsidiary of the Military Mutual Aid Association, conducted a public bid in February and selected a preferred bidder, but the sale fell through, and they are now pursuing the sale through a negotiated contract. As the impact of interest rate hikes continues […]