Jisung Horizon advises on the establishment of fund for unsold real estate units initiated by a consortium led by LIG Investment & Securities.
The consortium of LIG Investment & Securities was selected as a finance lead manager of the Korea Land & Housing Corporation's second fund for unsold real estate units. The consortium had previously launched 'Eugene Pooreun Housing Private Real Estate Investment Trust Fund No. 1', the first fund for unsold real estates.
Attorneys Haeng Gyu LEE, Young Min KIL, Tae Il KIM, and Yoo Kyung LEE in the finance and securities team and C.P.A. Yong-Hyun RYU are in charge of this project. Jisung Horizon advised on the successful launch of the first fund for unsold real estate units last year.
[Korean Article Reference]
- Donga Daily – Release of Fund for Unsold Real Estate, 'Eugene Pooreun Housing Fund No. 1' Next Month (June 30, 2010)
- Maeil Economy – Release of Fund for the First Unsold Apartments This Year (June 29, 2010)
- Asia Today – Consortium of LIG Investment & Securities was Selected as Lead Manager for REIT and Fund related to Unsold Real Estate (May 31, 2010)