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