Seoul Office Opening
SEOUL, REPUBLIC OF KOREA – 29 April 2016 – (BUSINESS WIRE): Saker Capital Ltd, a specialty real estate investment and advisory firm, today announced the opening of its new office in Seoul, South Korea.
Saker Capital also announced today that Hyung Park, a seasoned commercial real estate investment professional with over 25 years experience specializing in the acquisition, management and disposition of performing and non-performing real assets. Mr. Park joins Saker Capital from MPLUS Asset Management Company where he served as Senior Managing Director and Board Member. MPLUS is a wholly-owned asset management subsidiary of the Military Mutual Aid Association (MMAA), a $9 billion South Korean pension fund benefiting its 170,000 members. During his tenure at MPLUS, Mr. Park was responsible for sourcing, executing/funding and managing domestic and international commercial real estate investments.
Saker Capital Founder & Managing Partner Mark Beirl noted, “Joining our operational offices in Dubai and Los Angeles, and working in coordination through our administration office in Genève, the new Seoul office will enhance Saker Capital’s global capital sourcing and investment management capabilities to better address the growing demand from international firms seeking quality investment opportunities in commercial real estate properties throughout North America. We have been developing business in Asia for the past several years and formalizing our presence through the new Seoul office along with the addition of Hyung Park reconfirms our commitment to Asia, and specifically the Korean market, which will further enhance our reach and access.”
About Saker Capital
Founded in 2006 and operating from its offices in Dubai, Los Angeles, and Seoul, Saker Capital is a real estate investment and advisory firm specializing in raising capital for proprietary commercial real estate investment opportunities on behalf of its USA and European owner/operator clients. Through it’s private equity division, Saker Capital provides an unbiased, aligned, direct investment platform for sourcing, managing and realizing value through their active, principled approach to real estate acquisition and investment management.