Mastern Asset Management Ranks 8th Globally in Commercial Real Estate Investment in Asia-Pacific Region

[Asia Economy Reporter Minji Lee] On the 18th, Maston Investment Management announced that it ranked first in domestic investment scale in the Asia-Pacific region according to the 'Asia Pacific Capital Trends 2020' report released by Real Capital Analytics (RCA), a global commercial real estate research company.

In the Asia-Pacific region overall, Maston Investment Management ranked 8th among buyers, following Blackstone, the Government of Singapore Investment Corporation (GIC), AXA Group, Allianz, Ping An Insurance, Gaw Capital, and Brookfield Asset Management. Among domestic companies, Maston Investment Management emerged as the Top Buyer.

Among major deals conducted in the Asia-Pacific region last year, Maston Investment Management's acquisition of Doosan Tower ranked 13th overall. Maston Investment Management acquired Doosan Tower in the second half of last year for approximately 800 billion KRW. Including incidental costs, the total amount reaches 880 billion KRW.

Additionally, the report selected Seoul as the second most active city in commercial real estate transactions in the Asia-Pacific region last year (transaction amount of $17.83 billion). Tokyo ranked first, Shanghai third, Hong Kong fourth, and Beijing fifth. Among the top five cities, Seoul was the only one to show an upward trend.

As of mid-this month, Maston Investment Management's cumulative assets under management (AUM) amount to 21.5 trillion KRW. Maston Investment Management plans to strengthen its global asset management presence by establishing a U.S. corporation this year and is actively expanding its scope by diversifying its portfolio through the establishment of a hedge fund division.

This content was produced with the assistance of AI translation services.