trending Market Intelligence /marketintelligence/en/news-insights/trending/iw5rztsptr9jkbkfney9gq2 content esgSubNav
In This List

Report: Korea Post to award 600B won in domestic real estate mandates

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Report: Korea Post to award 600B won in domestic real estate mandates

Korea Post is looking to award 600 billion won in mandates for real estate investments in South Korea, IPE Real Assets reported, citing an unnamed source.

The South Korea government-owned postal service reportedly issued requests for proposals from interested asset managers, and its investment council is scheduled to meet later in June to choose the successful bidders.

Korea Post is aiming to deploy 200 billion won each in core real estate, value-add real estate and logistics properties, according to the publication.

As of June 14, US$1 was equivalent to 1,084.10 South Korean won.