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Portfolio
Since its establishment in 2009, PIA has acquired distressed debt totaling a cumulative OPB of approximately USD 800 million. Based on its successful investment track record, PIA has formed a distressed fund (FUM of USD 200 million) in 2014 with a top sovereign wealth fund targeting real estate-backed NPL and opportunistic real estate investments in Korea.
Portfolio
On-Going Project
Guro Budget Office Development

Guro Budget Office Development

- Investment Guro Budget Office

- Location Guro-dong, Guro-gu, Seoul

- Investment Period May 2020 ~ Current

Sinchon Mixed-use Development

Sinchon Mixed-use Development

- Investment Sinchon Residential Complex

- Location Nogosan-dong, Mapo-gu, Seoul

- Investment Period July 2019 ~ Current

Euljiro Office Development

Euljiro Office Development

- Investment Euljiro Office

- Location Euljiro 3-ga, Jung-gu, Seoul

- Investment Period November 2019 ~ Current

Incheon Songdo Industrial Center Development

Incheon Songdo Industrial Center Development

- Investment Incheon Songdo Industrial Center

- Location Songdo, Incheon

- Investment Period April 2017 ~ Current

Daegu Beomeo-dong Residential Complex Development

Daegu Beomeo-dong Residential Complex Development

- Investment Daegu Beomeo-dong Residential Complex

- Location Suseong-gu, Beomeo-dong, Daegu

- Investment Period June 2017 ~ Current Period

Kendall Square Bucheon Logistics Park Development

Strategic Investor(SI) of Kendall Square Bucheon Logistics Park Development

- Investment Kendall Square Bucheon Logistics Park

- Location Ojeong-gu, Bucheon, Gyeonggi-do

- Investment Period December 2015 ~ April 2018

Centre Point Gwanghwamun Real Estate AMC

Centre Point Gwanghwamun Real Estate AMC

- Investment Centre Point Gwanghwamun

- Location Doryeom-dong, Jongro-gu, Seoul

- Investment Period 2009 ~ August 2013

Completed Investment
Tuscany Hills NPL

Tuscany Hills NPL

- Investment Tuscany Hills NPL

- Total OPB 67.5 billion KRW

- Seller SBI Savings Bank, Korea Credit Union

Cheonggye NPL Secured

Cheonggye NPL Secured

- Investment Cheonggye NPL Secured

- Total OPB 257.9 billion KRW

- Seller IBK and 6 others

NPL Unsecrued

NPL Unsecrued

- Investment NPL Unsecrued

- Total OPB 126.5 billion KRW

- Seller Standard Chartered

NPL Secured

NPL Secured

- Investment NPL Secured

- Total OPB 57.4 billion KRW

- Seller Woori Bank

Incheon Songdo Theme Park NPL

Incheon Songdo Theme Park NPL (Speical Situation)

- Investment Incheon Songdo Theme Park

- Total OPB 90.2 billion KRW

- Seller Daewoo Development Co., Ltd.