Key facts
- Tishman Speyer announced the first close of its Korea Living Venture (KLV).
- The fund secured $300 million in commitments from third-party investors.
- APG and Bouwinvest are anchor investors in the venture.
- The venture will focus on South Korea's rental housing market.
Tishman Speyer has announced the first close of its Korea Living Venture (KLV), successfully raising $300 million in commitments from third-party investors. This new venture is strategically focused on the burgeoning rental housing market in South Korea. Key anchor investors in this initiative include prominent European pension investors APG and Bouwinvest. The fund aims to capitalize on the growth opportunities within the Korean residential rental sector.