developer financing

2025 Korean Pension Reform: A Stopgap or a Sustainable Solution?

Lab /

South Korea’s National Pension Service (NPS) has long faced concerns regarding its long-term financial stability due to rapid aging and low birth rates. The recent pension reform, passed by the National Assembly on March 20, 2025, marks the first significant change to the system in 18 years. This reform attempts to address the looming fiscal […]

The “Peculiar” Formula of Korean Real Estate PF: Why Do Constructors Only Provide Guarantees Instead of Developing?

Lab /

Unlock the complexities of South Korea’s unique real estate Project Financing (PF) market. Discover why construction companies often prioritize providing guarantees over direct development. This comprehensive analysis delves into the historical, financial, and structural reasons behind this peculiar phenomenon, shedding light on the risks, rewards, and potential implications for the Korean property landscape. Keywords: Korean