La Française Real Estate Managers, European market expert with €30bn in real estate assets under management, is a partner of Mastern Investment Management Co. Ltd.
The Seoul-based property investor recently completed the Initial Public Offering (IPO) of its first Real Estate Investment Trust (REIT), Mastern Premier REIT 1, for which La Française Real Estate Managers sourced three of the five assets included in the portfolio.
- Crystal Parc, a 7 storey/39.000 m2 multi-let office building in Neuilly-Sur-Seine (92), a prime business location in close vicinity to the Paris Central Business District and La Défense (France).
- two “last-mile” logistic platforms, ranging from 5,000 to 10,000 m2, fully let to blue-chip tenants in France.
“The oversubscription of the IPO is a reflection of Mastern’s excellent reputation and the quality of the real estate portfolio. We respectfully thank Mastern for their confidence and look forward to building upon this success in the future.”Philippe Depoux, CEO of La Française Real Estate Managers