Joint Cap Venture Limited (“JCV Limited”), a conglomerate with a highly diversified portfolio of investments in various sectors, ranging from financial markets trading to distribution of luxury goods to the development and management of real estate, including residential, commercial and industrial is looking to make its entry into South Korea’s property sector with a series of strategic partnerships and collaborations.
This move would see the company collaborate with Partners in South Korea in the field of rental housing, property management and real estate development for residential and hospitality purposes.
JCV Limited’s intention to enter South Korea’s property sector comes as the company prepares to invest in a property development project in Vietnam and is a strong indication of the company’s strategic push toward gaining a firm foothold within the real estate sector in the Asia-Pacific region.
JCV Limited’s pivot toward the Asia-Pacific region will enable the firm to capitalize growth opportunities that the region has to offer. According to predictions from S&P Global Market Intelligence, the Asia-Pacific region will dominate the world’s growth in the coming year, generating positive real GDP of about 3.5% while the U.S. and Europe would likely fall into a recession.
Joint Cap Venture Limited said in a statement that, “we are confident that there is significant opportunity for us to grow in the Asia-Pacific region and our entry into South Korea’s property market will be an exciting milestone for our business. We look forward to making strong progress with regards to our strategic plans.”