BEAMSTART Logo

NPS to invest record $1.4 billion in Korean property market in 2025

Korea Economic Daily LogoKorea Economic Daily4d ago

NPS to invest record $1.4 billion in Korean property market in 2025 - Korea Economic Daily

Quick Summary:

The state-run pension fund, the country’s largest institutional investor, will increase its allocation to domestic real estate core platform funds to about 2 trillion won in 2025 and is discussing detailed plans with market participants, investment banking industry sources said.

Given that fund managers typically use NPS contributions as seed money to attract additional investments, the commercial property market could see liquidity inflows exceeding 10 trillion won – close to the market’s total size of 14.8 trillion in 2023.“The NPS seems to have determined that the timing is ripe for property investment, given the low-interest environment and the recovery of urban rental rates,” said one of the sources.

Its latest major investment was in 2021 when it acquired One Grove in Seoul’s Magok district for 2.3 trillion won.“Foreign investors and managers have dominated the emerging local property sectors such as Internet data centers, urban logistics hubs and self-storage facilities.


More Pictures

NPS to invest record $1.4 billion in Korean property market in 2025 - Korea Economic Daily (Picture 1)NPS to invest record $1.4 billion in Korean property market in 2025 - Korea Economic Daily (Picture 2)NPS to invest record $1.4 billion in Korean property market in 2025 - Korea Economic Daily (Picture 3)NPS to invest record $1.4 billion in Korean property market in 2025 - Korea Economic Daily (Picture 4)NPS to invest record $1.4 billion in Korean property market in 2025 - Korea Economic Daily (Picture 5)

or

Article Details

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-18 @ 11:23:09 (4 days ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 688 words

Reading Time: 4 minutes read

Sentences: 29 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Korea Economic Daily

News ID: 24576929

View Article Analysis

About Korea Economic Daily

Korea Economic Daily Logo

Main Topics: Economy

Official Website: kedglobal.com

Year Established: 1964

Headquarters: South Korea

News Last Updated: 2 days ago

Coverage Areas: South Korea

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #91

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "NPS to invest record $1.4 billion in Korean property market in 2025" has 688 words across 29 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Which news outlet covered this story?

The story "NPS to invest record $1.4 billion in Korean property market in 2025" was covered 4 days ago by Korea Economic Daily, a news publisher based in South Korea.

How trustworthy is 'Korea Economic Daily' news outlet?

Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.

The outlet is headquartered in South Korea and publishes an average of 0 news stories per day.

It's most recent story was published 2 days ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #24576929
  • URL: https://beamstart.com/news/nps-to-invest-record-14-17348059253523

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.