Korea Investment Opportunities
LaSalle Korea selectively targets logistics development projects at land acquisition stages and executes the asset management locally.
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LaSalle is a company with world-class reputation in the real estate investment management field. Since its establishment in 2002, the Korean branch has completed the investment, development, management and disposal of domestic real estate worth about KRW 1.4 trillion.
As of March 2021, LaSalle Asset Management owns approximately KRW 925.3 billion in AUM and consists of 12 professionals with expertise and experience in the Korean real estate market and industry.
9/F K-Twin Towers, Tower A
50 Jong-ro 1-gil, Jongno-gu,
Seoul 03142
Republic of Korea
Tel +82 2 6370 6137
Fax +82 2 6005 9436
Data as of Q1, 2021. Source: LaSalle
LaSalle Korea selectively targets logistics development projects at land acquisition stages and executes the asset management locally.
LaSalle Korea’s local team executes an opportunistic and value-add investment discipline when identifying property sectors and trends, focused on seeking outsized risk-adjusted returns for its clients.
Icheon City, Greater Seoul
•100% Dry
•GFA: 43,405 sq.mt. (13,130 pyung)
•Completion: 2017
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8 years at LaSalle
Joined in September 2013
Steve is Head of Korea and responsible for personnel, operational, portfolio, and investment management across the country, and directly reports to Keith Fujii, Head of Asia Pacific.
Prior to joining LaSalle, Steve was a Managing Partner at Bellevue Capital Management where he focused on cross-border transactions on behalf of Asian family offices, and an Executive Director in the Investment Banking Division at Nomura International where he was a founding member in building the real estate advisory business in Asia-Pacific. In prior, Steve was Vice President of Lehman Brothers’ Global Real Estate Group focused on originating and structuring principal mezzanine debt and preferred equity investments in Korea, Australia, and China. He also worked at Deutsche Bank’s Real Estate Opportunities Group acquiring under-performing properties, multi-borrower loan portfolios, and distressed companies after the Asian Financial Crisis with regional responsibilities based in Hong Kong. He started his career at Merrill Lynch in the US and interned at the United States Senate.
Steve holds a Bachelor of Science from Georgetown University.
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6 years at LaSalle
Joined in January 2016
Se Hwan is the Managing Director, Acquisitions and Development Management for South Korea based in Seoul. He joined LaSalle in 2016.
Prior to joining LaSalle, Se Hwan worked at Samsung C&T in the investment and development division focused on property and infrastructure projects. Before that, he was a Director at Gale International in partnership with POSCO Engineering and Construction on Songdo International Business District development project. Se Hwan’s experience in the South Korean real estate market spans from 2002 having covered multiple property sectors including office, retail, residential, hospitality, and industrial.
Se Hwan holds a Bachelor of Architectural Engineering from Korea University. He is a CFA Charterholder and a Certified Architectural Engineer.
Hyejin Cho is a Senior Vice President in Asia Pacific Investor Accounting and Finance team and is based in Seoul. She is responsible for the Korea fund management and her responsibilities also include investor accounting and reporting, transactional support, debt origination and restructuring, and corporate governance. Hyejin originally joined LaSalle in 2016 as a fund controller.
Prior to joining LaSalle, Hyejin worked at both the Jeong Yeon Accounting Firm and PwC where she conducted annual audits of numerous companies in a variety of industries. She also worked at Morgan Stanley Properties as a controller, managing Korean real estate funds invested by the Morgan Stanley Real Estate Fund.
Hyejin holds a Bachelor of Science in mathematics from Yonsei University.
She is a CPA certified by the Korea Institute of Certified Public Accountants and a CTA certified by the NTS.
Sung Taek is a Managing Director of Acquisitions & Asset Management for South Korea based in Seoul.
Sung Taek has 19 years of experience in a wide range of acquisitions, asset management, NPLs and M&As in both real estate and corporate private equity. Previously, Mr. Hwang was with Invesco Real Estate, GE Capital, Morgan Stanley, KPMG, and Gale International.
Sung Taek received a Bachelor of Science in Engineering and Business Administration from Yonsei University, Seoul, Korea.
Young Yoon is a Vice President of Acquisitions & Asset Management for South Korea based in Seoul. He joined LaSalle in 2019. He is responsible for deal sourcing, execution, and asset management.
Prior to joining LaSalle, Young was a Manager at Pine Tree Investment & Management where he executed and managed investments in special situation opportunities, focusing on distressed assets. He also has experience in development financing transactions across multiple asset classes. He started his career at Macquarie Securities.
Young holds a Bachelor of Science in Business Administration and Applied Statistics from Yonsei University.
LaSalle Korea, a subsidiary of LaSalle Investment Management, obtained a Collective Investment License from the Financial Supervisory Service to conduct asset management activities in Korea in April 2013. LaSalle has raised US$4.14 billion worth of equity from Korean institutional investors; US$1,366 million for commingled funds, US$1,435 million for separate account mandates, and US$1,346 million for one-off deals.
LaSalle offers a diverse range of investment vehicles to help clients take advantage of market opportunities and meet their return objectives.
