MADISON INTERNATIONAL REALTY CONTINUES ASIAN EXPANSION WITH NEW OFFICE IN SOUTH KOREA AND APPOINTMENT OF JUN PARK AS COUNTRY HEAD

NEW YORK, March 25 (Bernama) -- Madison International Realty, a leading real estate private equity firm, announced that it has further expanded its business in Asia with the appointment of Jun Park as Head of South Korea and the opening of its first office in the country. Located in central Seoul, this will be Madison’s eighth global office and its second in Asia, following the opening of the firm’s Singapore office last April.

Park will join Madison to lead the advancement of the firm's interactions with investors in South Korea from the new office in Seoul, which is set to open in Q2. As part of the senior leadership team, Park will work closely with Madison’s President and Founder Ron Dickerman, its global co-heads of equity capital markets Evan Abrams and Michael Siefert, as well as its Head of Asia, Yichao Mark, to progress the firm’s long-term strategy for growth in the region. Initially this will comprise providing a hands-on local service to Madison’s existing South Korean clients, while also seeking to grow its investor relationships in the country and across the region. In the longer term, Park will work with the firm to assess the potential for capital deployment strategies in the region.