Pebblestone Asset Management and Pacific Asset Management have completed the establishment of a real estate value-add fund, with the National Pension Service (NPS) participating as a major anchor investor. This comes four months since being selected as the entrusted management company for the NPS’ real estate value-add fund last August. Both Pacific and Pebblestone are expected to show active participation in the commercial real estate market next year as they complete their investor recruitment before year end. Pacific and Pebblestone Selected to Manage National Pension Service Value-add Fund The NPS made the selection of management companies for value-add funds investing in domestic real estate for the first time […]