SOUTH KOREA Trends and Developments
Trends and Developments Contributed by: Junghwan Lee, Dong Seok Woo, Jun Woo Cho and Jee In Kim Lee & Ko Lee & Ko was established in 1977 and has since grown to become one of Korea’s leading full-service law firms, boasting a full range of specialisations and a total of approximately 880 professionals. As for the construction and real estate practice group, with a team of nearly 70 attorneys and professionals, this robust and diversified manpower within the group enables its attorneys to specialise in one or more of the five distinct sub-practice areas within the group: Domestic Commercial Real Estate Investment and
Development; Overseas Real Estate Investment and Development; Domestic Real Estate Reconstruction/ Redevelopment; General Real Estate Trust (under the Trust Act); and Real Estate Dispute Resolution and Litigation. This strategic allocation within the various sub-practice areas of the real estate domain allows its practitioners to cultivate profound knowledge and expertise across all facets of their practice, position - ing them as genuine specialists capable of delivering informed counsel on intricate matters.
Authors
Junghwan Lee is a senior foreign consultant at Lee & Ko who has over the years developed unmatched
past years, Mr Woo has become one of the leading practitioners in the overseas investment practice in Korea, including real estate and project finance.
expertise and experience not only in the field of domestic commercial real estate transactions but also overseas commercial real estate investments, representing Korean investors in various markets in North America and Europe. Amid the recent real estate market downturn, he has been leading the way for more selected investment and restructuring of existing investments overseas, while providing creative solutions to both domestic and foreign investors in the domestic market, in particular with respect to housing projects and logistics and data centre acquisitions. Dong Seok Woo is a partner at Lee & Ko specialising in real estate development projects and commercial transactions. He regularly advises domestic and foreign investors on a broad range of real estate transactions across asset classes, including office, retail, hotel, multi-family, student accommodation and logistics. Further, he actively advised various investors on their acquisition of overseas real properties in the USA, Europe, Australia and South-East Asia. Based on extensive experience in cross-border transactions over the
Jun Woo Cho is a key partner at Lee & Ko and recognised as Korea’s foremost expert not only in the areas of capital market products but also in real estate investments through REITs and collective investment vehicles. He
specialises in real estate transactions using collective investment vehicles or REITs and regularly advises on a wide range of real estate transactions such as offices, logistics centres, hotels, and data centres. He has also represented various foreign investors on their inbound investments through collective investment vehicles and REITs.
Jee In Kim is a core member of the real estate practice group at Lee & Ko. Her practice covers numerous domestic and overseas real estate projects and transactions, with a special focus on using collective
investment vehicles, maximising her expertise as a real estate and financial compliance specialist. Throughout her career, she has advised on various inbound and outbound real estate transactions, including the development, sale and purchase, financing and leasing of commercial buildings,
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