Mastern America, BuildBlock join hands to expand presence in US commercial development market
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
Mastern America, the US arm of Mastern Investment Management, said Wednesday it has joined hands with real estate platform operator BuildBlock to expand its presence in the US commercial development market.
The two firms recently signed a memorandum of understanding to bolster their ties and cooperate on diverse investment projects.
BuildBlock is a real estate platform operating in major cities and regions in the US, including Silicon Valley, Los Angeles, Hawaii, New York and Texas. The platform manages the whole process of real estate transactions for customers from property purchase to management to liquidation.
Under the agreement, Mastern America will be responsible for supporting customers with financing and asset management, while BuildBlock will provide support for construction and other regulatory issues.
Mastern America said its key target clients are reshoring companies amid geopolitical tensions and supply chain disruptions, especially Korean businesses that are increasingly relocating their offices, factories and distribution centers to the US.
“We will participate in large-scale commercial development projects in the US in a close partnership with BuildBlock,” said Mastern America CEO Joseph Oh. "We believe the partnership could help Korean businesses pursue new opportunities as well.”
By Im Eun-byel(silverstar@heraldcorp.com)
Copyright © 코리아헤럴드. 무단전재 및 재배포 금지.