National Pension Service of Korea (NPS)

News, insights, analysis and data

National Pension Service of Korea (NPS) overview

National Pension Service of Korea (NPS) related stories

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For mid-sized managers seeking M&A, one factor is essential

There may be a swath of real estate firms seeking a capital partner to stay competitive, but only those with targeted growth plans are catching investors’ attention.

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Korea’s NPS acquires minority stake in Sweden’s Areim

The investment is understood to be the pension fund’s first stake acquisition in a European real estate manager.

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South Korea’s NPS upped real estate commitments by 19% in 2024

The pension fund added at least 10 new funds and direct investments to its real estate portfolio last year.

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Former CLSA executives raise $105m for NPS-backed debut fund

The vehicle’s capital sources are split between Asian family offices and institutional investors that include the South Korean pension fund.

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Invesco Real Estate creates senior fundraising role in South Korea

Among the Atlanta-based manager’s South Korean investors is NPS, which committed $98m to its US value-add fund in 2022.

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Australian Retirement Trust forms $1bn fund with Almanac

The partnership represents the Australian superannuation fund’s first strategy to focus solely on real estate operating companies.

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NPS broadens partnership with Australian living specialist Scape

The latest commitment by NPS's real estate platform team will see the two firms expand their relationship beyond student housing and into other Asia-Pacific markets.

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NPS establishes strategic partnership with Almanac

The venture is expected to significantly expand the South Korean investor’s real estate platform business, which was launched last year.

National Pension Service of Korea (NPS) contact information

Offices

marker icon131, Ogong-ro, Deokjin-gu, Jeonju-si, Jeonbuk-do, Republic of Korea, Jeonju-si, 54870, South Korea
Showing 1 of 5 National Pension Service of Korea (NPS) offices

Contacts

NameJob titleLocationEmail
user imageMr. Arom Lee
Job titleSenior Portfolio Manager, Real Estate Investments
LocationJeonju-si, South Korea
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user imageMs. BH (Byunghak) Han
Job titleReal Estate Investment Professional, Europe
LocationJeonju-si, South Korea
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user imageMr. Byeong Jun Kim
Job titleSenior Portfolio Manager
LocationNew York, United States
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user imageMr. Dan Kwon
Job titlePortfolio Manager, APAC Real Estate Investments
LocationJeonju-si, South Korea
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National Pension Service of Korea (NPS) fund commitments

Known fund commitments : 113

FundManagerCommitment dateCommitment size
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Commitment dateNov 2025
Commitment size$399.787m
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Commitment dateJan 2025
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Commitment dateDec 2024
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