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Hines opens office in Jeonju, South Korea
Transactions - OCTOBER 23, 2024

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Hines opens office in Jeonju, South Korea

by Jennifer Molloy

Hines has opened a new office in Jeonju, South Korea, as part of a strategic expansion to strengthen its partnership with South Korea’s National Pension Service (NPS) and help foster the development of Jeonju’s financial sector.

The Hines Jeonju office will be the primary liaison center for NPS-related work in South Korea and globally, enabling Hines and NPS to deliver long-term value to their stakeholders.

“The opening of this liaison office lays the foundation for closer collaboration with Hines,” said Kim Tae-hyun, chairman and CEO at NPS. “Based on our nearly 15 years of partnership with Hines, we look forward to contributing together towards the growth of the local Jeonju community and the development of its financial services industry.”

Hines has been active in South Korea since 2013, when its first investment management office opened in Seoul. Expanding in 2021, Hines now also focuses on development, acquisitions, and asset management in the c

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