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JIPYONG LLC

Korean Attorney

Seok Jae LEE

Mr. Seok Jae Lee is a Partner in the REITs and REF Group. He has specialized in real estate finance from the outset of his legal career in 2005. He regularly advises on real asset and development project investments through REITs, REFs and PFVs, and in diverse property sectors, including domestic and overseas commercial offices, retail stores, warehouses, hotels, housing facilities, and rental houses, as well as urban environmental regeneration and development projects.

In addition, Mr. Lee’s expertise extends to investments through blind funds, funds of funds, REITs, and financings through listings.

Mr. Lee holds an LL.B. and an LL.M. from Yonsei University.

He is a member of the Korean Bar.

Education Close

  • 2008 Yonsei University, Graduate School of Law (LL.M.)
  • 2000 Yonsei University (LL.B.)

Experience Close

  • 2020-PresentJIPYONG LLC
  • 2024-PresentMember, Smart Green Industrial Complex Project Cost Settlement Appeal Committee
  • 2023-PresentNon-Executive Director, KORAMCO REITs Management and Trust Co., Ltd.
  • 2012Nexus Law Group
  • 2002Public-Service Advocate, Korea Legal Aid Corporation, Seoul High Prosecutors’ Office
  • 2002Judicial Research and Training Institute, Supreme Court of Korea

Notable Achievements Close

  • Advised Lotte Real Estate Investment Trust (a listed REIT)
  • Advised on the development of the Cheongna Medical Complex Town
  • Advised on the redevelopment of the site of Seoul Theater
  • Advised on the youth housing projects at Hapjeong Station, Balsan Station, and Seorin Station
  • Advised on the pre-purchase and pre-sale of a mixed-use complex in Seongsu-dong
  • Advised E Kocref CR-REIT on public offering and listing
  • Advised on sale and purchase of numerous real estate properties through funds or REITs including sale of Pangyo 6-4 block office building and purchase of Eulji Twin Tower
  • Advised on development projects through developmental real estate funds such as Yeouido SK Securities Building, Dongdaemoon Parnas Hotel, and Cheongdam-dong office building (the head office of DongKook Pharmaceutical) development projects
  • Advised on establishment of PFV with respect to the development projects of the 5-3 block, Knowledge-based Industrial Land in Knowledge Information Town, Gwacheon-si, and a mixed-use building at Minrak-dong, Busan
  • Advised on the Industrial Sites Act and the Industrial Cluster Act in regard to the Gimpo Hangang Cinepolis Industrial Complex and Poongse Industrial Complex
  • Advised on investment in public and private rental housing through rental house REITs such as Shindang-dong New Stay, Noryangjin New Stay, Deungchon station housing for young adults, Gwangheungchang station housing for young adults, Busan Seomyeon E-Land Townhills Dream Apartment Public Support Private Rental Housing, 1BL Public Support Rental Housing in the urban development area at Gopyong District, Pyeongtak-si, and a public support rental housing at Yeon-dong, Jeju

Honors and Recognitions Close

Speaking Engagements and Publications Close

  • 2022Financing and Real Estate Transactions in Korea: Legal Issues and Market Practice (Co-author), Pakyoungsa

Bar Admissions & Qualifications Close

  • 2002Korea

Languages Close

Korean / English