IGIS Asset Management’s long-awaited transaction for Shilla Stay Seodaemun has ended in disappointment. IGIS selected JLL Korea as its sales advisor at the end of 2023 and has been promoting the sale of the hotel property. Last April during the first...
Hyundai Motor Group has partnered with Koramco REITs & Trust and its preferred stock blind REIT to acquire Scale Tower at Gangnam Station through the purchase of preferred stock. Scale Tower, located at 831-7 Yeoksam-dong, Gangnam-gu, Seoul, is an...
As the global commercial real estate market matures, interest in the secondary market is also increasing. In addition to traditional asset management firms known for secondary funds, such as Partners Group, StepStone Group, and Landmark Partners, major...
The co-living blind fund, established by IGIS Asset Management and co-living operator MGRV in 2020 with a scale of KRW 250 billion, is considered the first of its kind among Korean residential funds. IGIS and MGRV completed their investments through the...
The results of the recent presidential election have led to a rally in the Korean stock market, however, the REITs market has not been included in the good news. Last week, the simple average return rate of the 21 listed REITs recorded -0.00048%. The...
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