Mirae Asset Consulting has a team of real estate development experts dedicated to improving the future value of properties. Leveraging Mirae Asset Group’s global investment know-how and synergies in the real estate space, our firm carefully reviews business models to assess their feasibility and identify promising areas for investment.
Development
Development planning
Business feasibility review
Product development and execution
Design
Interior design and supervision
Brand development and planning
Strategic advice regarding optimal use of space
Budgeting and construction fees
Target Area
Accommo dations
Hotels
Condominiums
Office
Offices
Branches
Financial centers
Leisure
Golf courses
Resorts
Education & Research
Institutions
Education & Research
Institutions
Retail
Shopping malls
Mega-stores
Retail
Shopping malls
Mega-stores
Competitiveness
Specialists with global experience in real estate development
Efficient and systemized services leveraging Mirae Asset’s exceptional pool of global experts
A broad array of services encompassing real estate development, architecture, and interior design
Integrated services spanning development planning to permit/license procurement and process management
Quality design and construction
Professional and reliable design and construction management/advisory services for strategic space optimization
Property Management
Property Management
Mirae Asset Consulting’s property management services include income management, cost management, physical and financial risk controls, lease management, facility management, and other strategic solutions.
Property management services
Measures to improve asset operations and profitability
Lease contract renewal
Strategic space optimization
Tenant satisfaction analysis
Pre/post-loss risk management
Efficient energy solutions
Accounting and financial solutions
Creation of annual budgets and regular operational reports
Collection of lease and maintenance fees
Tax accounting/consulting and payment of taxes and dues
Creation of utility budgets and execution support
Management of payments and receivables
Insurance services
Lease Advisory
Mirae Asset Consulting’s lease advisory division leverages its extensive know-how and networks, as well as comprehensive market analysis, to help clients meet their targets.
Landlord Lease Consulting
Systemized and efficient lease consulting services
Lease market analysis
Establishment of base pricing
Tenant procurement and screening
Negotiation/creation of lease contracts and follow-up processes
Maximization of asset value
Tenant Lease Consulting
Collateral evaluation and legal consultation
Risk and credit analysis
Examination of lease terms
General analysis of physical and financial conditions
Negotiation/creation of lease contracts
Acquisition/Disposition
Mirae Asset Consulting’s acquisition/disposition services include tailored recommendations and analysis to support the acquisition of sound real estate properties and facilitate the transfer of clients’ assets at the right price and time.
Acquisition
Selection of available properties
Acquisition price review
Location and market analysis
Qualitative and quantitative analysis of acquisition feasibility
Disposition
Personalized consulting and analysis (market, past transactions, profitability) to ensure assets are transferred at the most opportune time
Broad marketing scope to reach a large and diverse pool of potential buyers
Optimal property management leveraging Mirae Asset’s specialists and market data
Comprehensive real estate services
Total one-stop solution from real estate development planning to capital procurement, project management, and property management
Large pool of potential tenants
Lease agency services using extensive data (including information on major buildings and potential tenants in the Central Business District and Gangnam Business District) to meet clients’ needs
Infrastructure Advisory
Infrastructure Advisory
Mirae Asset Consulting actively participates in private investment projects both inside and outside of Korea and continuously seeks to discover investment opportunities with high value-added potential.
Local private investment projects
Advisory services for build-transfer-lease (BTL) projects
Advisory services for build-transfer-operate (BTO) projects, including profit-sharing (BTO_a) and risk-sharing (BTO_rs) types
Overseas private investment projects
Advisory services for overseas infrastructure projects
Public-private partnership projects in the U.S., the U.K., Australia, and Japan
Others
Advisory services for alternative energy investment and resource development
Power generation and overseas resource development (solar power, wind power, and coal)
Procedures
Financial Advisory
Review of financial structure and preliminary market approach
Advising on selection of financial institutions
Review and analysis of financial models
Negotiations
Negotiation with authorities over concession agreement
Negotiation with financial institution(s) over financing conditions
Financial Agreements
Documentation of financial agreements
Initial withdrawal
Competitiveness
Rich understanding of private investment and BTO projects
A team of specialists who are highly experienced in providing financial advisory services for private investment projects (BTO, BTL, etc.)
Differentiated financial models
Construction of financial models and advisory services tailored to meet clients’ needs
Collaborative system
A comprehensive financial advisory approach using networks of legal, accounting, and technical advisors to optimize services