Tishman Speyer and NPS Celebrate New Office Opening in Jeonju, South Korea
On March 24, 2025, the American real estate giant Tishman Speyer celebrated the opening of its new liaison office in Jeonju, South Korea. This important establishment marks the second international real estate asset management firm to set up operations in this vibrant city, located in Jeonbuk-do region. The event was attended by prominent figures including Kim Tae-hyun, Chairman of the National Pension Service (NPS), and Tishman Speyer’s CEO, Rob Speyer, alongside key executives such as Fred Waldeck, Graham Mackie, and Alex Koh.
The launch of the Jeonju office signifies a pivotal step in reinforcing the long-standing partnership between Tishman Speyer and NPS. The collaboration aims to leverage both entities' strengths in the real estate market, particularly within South Korea and the broader Asia-Pacific sector. Tishman Speyer plans to utilize this office to offer strategic support in identifying global real estate investment prospects while providing comprehensive market analyses and advisory services tailored to NPS's needs.
In his remarks during the opening ceremony, Rob Speyer emphasized, "Our partnership with the National Pension Service is rooted in a shared vision of innovation and diversification. Establishing an office in Jeonju is a natural evolution in our ongoing relationship with NPS."
Chairman Kim Tae-hyun echoed this sentiment, stating, "With the inauguration of this liaison office, we have laid down a stronger foundation for our collaboration with Tishman Speyer. I am excited about how increased cooperation can enhance the growth of the local community based on over 14 years of partnership."
Tishman Speyer, which has a legacy rooted in a family business that extends beyond a century, stands as a leading entity in the commercial real estate sector. The firm currently manages properties across 37 principal markets in 11 countries, boasting around 1,200 skilled professionals overseeing approximately $65 billion in assets. Their relationship with NPS has been ongoing since 2011, with their previous office being established in Seoul in 2022.
The Jeonju office not only serves as a strategic asset for Tishman Speyer but also symbolizes the company's dedication to investing in local economies. It is hoped that through this new venture, Tishman Speyer will contribute significantly to local real estate growth and community development initiatives, further enriching Jeonju’s standing as an emerging hub for international business.
As Tishman Speyer embarks on this latest chapter, stakeholders eagerly anticipate the office’s impact, looking forward to innovative projects and collaborations that can arise from this strategic expansion in South Korea. The balance of local insight and global expertise is poised to open new doors for investment and development across diverse real estate sectors, fueling further progress in both Jeonju and the broader region. In closing, as Tishman Speyer continues to evolve and expand, its presence in Jeonju holds promise for significant advancements in real estate investment strategies and community partnerships across the Asia-Pacific landscape.
The launch of the Jeonju office signifies a pivotal step in reinforcing the long-standing partnership between Tishman Speyer and NPS. The collaboration aims to leverage both entities' strengths in the real estate market, particularly within South Korea and the broader Asia-Pacific sector. Tishman Speyer plans to utilize this office to offer strategic support in identifying global real estate investment prospects while providing comprehensive market analyses and advisory services tailored to NPS's needs.
In his remarks during the opening ceremony, Rob Speyer emphasized, "Our partnership with the National Pension Service is rooted in a shared vision of innovation and diversification. Establishing an office in Jeonju is a natural evolution in our ongoing relationship with NPS."
Chairman Kim Tae-hyun echoed this sentiment, stating, "With the inauguration of this liaison office, we have laid down a stronger foundation for our collaboration with Tishman Speyer. I am excited about how increased cooperation can enhance the growth of the local community based on over 14 years of partnership."
Tishman Speyer, which has a legacy rooted in a family business that extends beyond a century, stands as a leading entity in the commercial real estate sector. The firm currently manages properties across 37 principal markets in 11 countries, boasting around 1,200 skilled professionals overseeing approximately $65 billion in assets. Their relationship with NPS has been ongoing since 2011, with their previous office being established in Seoul in 2022.
The Jeonju office not only serves as a strategic asset for Tishman Speyer but also symbolizes the company's dedication to investing in local economies. It is hoped that through this new venture, Tishman Speyer will contribute significantly to local real estate growth and community development initiatives, further enriching Jeonju’s standing as an emerging hub for international business.
As Tishman Speyer embarks on this latest chapter, stakeholders eagerly anticipate the office’s impact, looking forward to innovative projects and collaborations that can arise from this strategic expansion in South Korea. The balance of local insight and global expertise is poised to open new doors for investment and development across diverse real estate sectors, fueling further progress in both Jeonju and the broader region. In closing, as Tishman Speyer continues to evolve and expand, its presence in Jeonju holds promise for significant advancements in real estate investment strategies and community partnerships across the Asia-Pacific landscape.
Topics General Business）
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