M&G Real Estate, part of M&G plc’s £74 billion ($94 billion) private markets business, has promoted Daniel Cho to head of Korea, as the firm seeks to strengthen and intensify engagement in the Korean real estate market.
Based in Seoul, Cho will spearhead M&G’s growth initiatives and deal-sourcing capabilities in Korea’s real estate sector. He succeeds Ryu Hyesik, who is leaving to pursue personal projects.
With more than 15 years of industry experience, Cho brings a wealth of expertise to his new role. Previously serving as director of acquisitions for M&G Real Estate in Korea, he has played a pivotal role in driving the firm’s real estate-investment activities in the market, where he has been involved in sourcing and executing on and off-market transactions, as well as structuring real estate deals to maximize risk-adjusted investment returns. Cho’s extensive background also includes stints at KKR’s Asia real estate team, Mapletree and Asc
