Modern Australian
Men's Weekly

.

IGIS Asia Investment Management Partners with CHA Bio Group to Launch Life Science Real Estate Platform JV

SEOUL, KOREA - Media OutReach - 16 February 2023 - IGIS Asia Investment Management ("IGIS"), the pan-Asian investment arm of IGIS Asset Management, South Korea's largest real estate investment manager, announced this month a partnership with CHA Bio Group ("CHA"), one of the largest and oldest biopharma groups in South Korea with a vast global presence, to form a new Asia-Pacific life science real estate investment platform.



The venture targets to provide best-in-class life science real estate for R&D, manufacturing, and other supporting services for a spectrum of companies ranging from biotechnology incubators to multinational pharmaceutical groups in the Asia-Pacific region, including metropolitan cities in South Korea. The partnership will rely on IGIS's past track record of real estate transactions and CHA's expertise in the life sciences industry to gain first-mover advantage in providing life science real estate solutions in South Korea and overseas.

IGIS and CHA share the view of the venture's role as a catalyst for the robust growth of life science sector in the Asia-Pacific region. To respond to rapidly changing demand and multifaceted market challenges, the venture will develop and invest in high-quality life science assets, including R&D and manufacturing facilities, hospitals, medical offices, and other healthcare centers in Asia-Pacific. In addition, IGIS aims to establish Korea Life Science Investment Platform ("KLSIP"), the first Korea-focused investment vehicle on life science real estate, to invigorate the venture with capital to develop facilities that meet the demands of the growing life science industry in South Korea.
Hashtag: #IGIS #CHA #lifesciences #realestate #privateequity #korea #asiapacific

The issuer is solely responsible for the content of this announcement.

About IGIS Asset Management

Founded in 2011, IGIS Asset Management ("IGIS") is a privately owned vertically integrated real estate investment management firm and South Korea's largest real estate asset manager with assets under management totaling approximately US$45.5 billion as of Dec 2022. The company has over 360 professionals with a presence in 5 countries and profound expertise to invest across different strategies from core to opportunistic in multiple sectors across various markets.

About IGIS Asia Investment Management

IGIS Asia Investment Management ("IGIS AIM") is an overseas subsidiary of IGIS established in 2020 in Singapore. IGIS AIM focuses on expanding its presence within Asia-Pacific through joint venture partnerships with operators, asset managers, and local partners. In addition, the firm will invest thematically in high-quality assets across the Asia-Pacific markets to benefit from the growth potential driven by global economic and demographic trends.

About CHA Bio Group

CHA Bio Group is a Korea's leading bio-pharma group comprised of more than 50 domestic and foreign affiliated companies. The group operates a unique eco system based on the collaboration of biotech & pharmaceutical companies, university, research institute and hospital network.

CHA Biotech, a company among the three KOSDAQ-listed entities within the group is an industry leader in cell therapy development. CHA Biotech recently established Matica Biotechnology in Texas USA to enter the fast-growing global cell and gene CDMO business.

CHA Healthcare is a unique global healthcare network provider that oversees hospital investment & development outside Korea. CHA Healthcare has established a global healthcare platform of medical network consisting of 86 medical centers and IVF clinics in 7 countries, including the USA, Australia, Singapore, Japan and etc.

Types of Catering You Should Consider for Your Next Event

Choosing the right type of catering service can elevate your event from ordinary to unforgettable. Whether it’s an elegant wedding, corporate func...

Understanding the Benefits of Split System Installation for Your Home

Climate control is essential to maintaining comfort in your home, especially during the extreme temperatures that many regions face. Whether you’r...

Best Aluminium Window Sliding Designs for Natural Light and Airflow

Bringing natural light and airflow into a space is one of the most efficient ways to create a healthy and comfortable home. In Sydney and across Aus...

Maximising Operational Efficiency: Electric Winch Hire Australia and Hydraulic Power Pack Hire Solutions

Image by jcomp on Freepik From urban construction sites and remote mining operations to coastal maritime facilities, specialised equipment solutio...

Navigating the Digital Frontier: Managed IT Support and Cyber Security Services in Brisbane

As Brisbane develops its technology scene, the need for adequate IT infrastructure and security becomes apparent. This is how digital transformati...

Navigating the System: Your Guide to Support Finding Work with a Disability Around Melbourne

Image by freepik Finding the right job can be a challenge for anyone, but it can feel particularly daunting when you're also navigating life with a ...

Say Goodbye to Draughts and Hello to Savings: Your Guide to Perth Window Replacement

Image by prostooleh on Freepik Are your windows looking worse for wear? Are you paying a hefty power bill due to sneaky draughts and poor insulation...

How to Choose the Right Horse Trailer for Your Riding Needs

Many horse owners travel long distances for riding lessons, competitions, or to move horses between properties. Having a safe and reliable trailer i...

Sydney Turf Installer for Instant Green Lawns and Long-Term Performance

Having a green lawn at home makes everything look better. Whether it’s the front yard, backyard, or a small patch beside the driveway, people in S...

Designing Better Living Spaces: Why New Kitchens in the Blue Mountains Are in High Demand

The Blue Mountains region is seeing a steady rise in home upgrades. According to recent housing data, kitchen renovations remain one of the most req...

The Role of Packaging Manufacturers in Reducing Supply Chain Costs

In today’s fast-paced logistics and distribution landscape, businesses are under constant pressure to optimise operations and reduce expenses. One...

Customising Roller Shutters for Warehouses, Factories, and Logistics Hubs

In today’s fast-paced industrial and commercial environments, security, functionality, and efficiency are paramount. Whether you manage a busy log...

Top Fire Hazards in Commercial Buildings and How to Avoid Them

When it comes to protecting lives, assets, and business continuity, fire safety should be at the forefront of every commercial property owner’s ri...

Refillable Bottles and the Role of Reusable Caps in a Sustainable Packaging Future

As industries across the globe strive to reduce environmental impact, refillable bottles and reusable caps are emerging as champions of sustainable ...

The Comprehensive Guide to Physiotherapy: Benefits & Techniques

It employs hands-on care, movement and advice to aid recovery and prevent further issues. Individuals of all stages of life utilize physiotherapy for ...

What Can Be Funded by the NDIS? A Guide to Approved Supports

The National Disability Insurance Scheme (NDIS) is designed to empower Australians with disability by providing funding for supports that improve in...

10 Desserts That Aren’t Complete Without a Dollop of Whipped Cream

There’s something undeniably luxurious about a generous dollop of freshly whipped cream. Light, fluffy, and subtly sweet, it has the power to tran...

Why Personalised Ornaments Make the Perfect Christmas Gift

In a season brimming with sentiment and tradition, gift-giving is one of the most cherished ways to show we care. And while store-bought items can b...