About
Provided by Bae, Kim & Lee LLC
BKL’s Real Estate Team is highly specialized in city development projects consisting of various aspects of real estate developments such as office, commercial facilities, housing facilities, hotels, multi-use buildings and infrastructure facilities and is well-known as the market leader in these areas. Our specialization in this area is a result of our involvement in the New Songdo International City Development Project, which is the largest city development project in Korea to date, Midan City development project in Incheon Free Economy Zone, Bismayah New City Development Project in Iraq and South Saad Al Abdullah New City in Kuwait.
Our team is widely recognized as the market leader in real estate transactions using REIT and REF structures. In particular, members of our Real Estate team are pioneers in the area of collective investment having advised the Korean government in drafting and amending the relevant acts and regulations. Since the very introduction of these laws, we have been specializing in the collective investment of real estate through real estate holding companies, real estate funds/trusts, project finance vehicles and similar special purpose vehicles. Our team has been active in numerous projects involving asset-backed securities and REITs and several attorneys regularly lecture on collective investment in Korea at the Lawyer Training Institute of the Korean Bar Association and the Judicial Research and Training Institute of the Korean Supreme Court.
