JLL has appointed Keehoon Lee as the new Head of Capital Markets, Korea, effective immediately. Lee, based in Seoul, will oversee JLL’s Capital Markets operations in Korea, collaborating with a global and regional network of professionals to help clients capitalize on opportunities in this dynamic and competitive market. In his enhanced role, he will closely collaborate with Taeho Yi, JLL’s Country Head for Korea, and with the firm’s Capital Markets team at regional and global levels.
Lee's responsibilities include developing business strategies and services tailored to client requirements, overseeing personnel, and managing operations within JLL’s growing Capital Markets division in Korea. With over 20 years of experience in the Korean real estate sector, he has a proven track record that encompasses the sale of more than 100 properties, including Arc Place, a prominent Seoul office asset recently sold by Blackstone.
“Korea presents a massive opportunity for international and domestic real estate investors and as a broader market it requires a depth of on-the-ground expertise and knowledge of local practices to make informed and actionable decisions. Lee’s track record in advising on many of Korea’s most visible transactions, his relationships with domestic and global investors, and a diverse understanding of the evolving inner-workings of this market will provide a considerable advantage for JLL’s clients”, says Rohit Hemnani, Chief Operating Officer, Capital Markets, Asia Pacific, JLL.
Lee joined JLL’s Capital Markets team in Korea in August 2017 and has since facilitated transactions amounting to KRW9.3 trillion ($7.2 billion) over the past three years. Before joining JLL, Lee held senior positions at MDM Asset Management Company, Hyundai Motor Investment & Securities Company, Eugene Investment & Securities Company, and Savills Korea. His career began at the Bank of Korea as a junior economist, where he gained extensive experience in corporate analysis, research, and business strategy across diverse industries.
“Transactions in Korea’s commercial real estate market draw intense competition from both investors and service providers, placing a premium on innovative advisory solutions. As demand for more specialized solutions including debt advisory services grows and new investors enter the market, we need to further differentiate our platform, which backed by the support of the JLL global network, I’m confident we can achieve for our clients”, says Lee.