South Korea ramps up investment in real estate debt
"The largest transaction by South Korean lenders in the past year was IGIS Asset Management’s $220 million debt for CalPERS’ acquisition of 787 7th Avenue." Miyeon Lee JLL Global Capital Markets team.
Leo Nam from JLL reports that the South Korean government’s “2030 Youth Housing” program is set to provide affordable quality residences for young people.
Asia Pacific real estate investors looked to home markets in 2016
Asia Pacific real estate investors turned to their home markets in 2016 amid greater political and economic uncertainty, according to JLL's 'Real Estate Investment Flows: An Asia Pacific Perspective' report.