Recognised in the real estate market for its expertise in city development projects, Bae, Kim & Lee LLC is a go-to for real estate developments, including office, commercial and residential facilities. The department has a robust offering covering real estate-related investment projects and real estate transactions, using REIT and REF structures. Leading the practice is Eun Jin Jeon, who is an authority on collective real estate investment through REITs, project finance vehicles and real estate holding companies. Gun Chul Do is sought after for his aptitude in handling inbound and outbound investment, real estate development and project financing. Another key practitioner in the team is Hyeon Kang, an expert in collective real estate investment. Seung Eun Chi is active in large-scale and cross-border real estate transactions. Jaehwa Park is also noted. The firm’s reach was extended with the arrival of David Pyun from Kim & Chang in June 2024.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘They've always done their best to follow the client's request, given the best advice for the requisite. Each team member is not a solo player but a team player, which makes it easier to communicate and collaborate with.’

  • ‘I think their continuous support and proactive approach are key to being differentiated from competitors.’

  • ‘We have consistently relied on BKL for legal advice during our large-scale projects. Even when our inquiries were complex and time-sensitive, they always responded with great care, precision, and timeliness. Their team demonstrated a deep understanding of our business needs and provided clear, actionable guidance across a wide range of legal issues.’

  • ‘What sets them apart is their proactive approach. When our questions touched on other practice areas, they seamlessly coordinated with the relevant experts and provided comprehensive responses without delay. This level of attentiveness and initiative gave us tremendous confidence and allowed us to move forward with critical decisions efficiently.’
  • ‘In particular, we have been especially impressed by Associate Jaehwa Park. His deep expertise and professionalism truly stand out. Even for what might seem like minor or routine questions, he consistently provides thorough, high-quality responses that reflect both attention to detail and a strong command of the subject matter.’

Key clients

  • BLACKSTONE
  • WARBURG PINCUS
  • Digital Realty Trust Inc.
  • Invesco Real Estate Korea
  • Partners Group AG
  • PGIM Fund Management Limited
  • INSPIRE INTEGRATED RESORT
  • Qube Industrial
  • Incheon International Airport Corporation
  • CJ Olive Young Corporation
  • Mastern Investment Management Co., Ltd
  • F&F

Work highlights

Advised Inspire and Bain Capital on the acquisition of Inspire Integrated Resort, covering regulatory discussions with the Ministry of Culture, Sports and Tourism, casino license requirements, and financing aspects of the transaction.
Advised Pacific Asset Management and CPPIB on the KRW 1.12 trillion development of Korean carrier-neutral hyperscale data centre in Yongin, providing end-to-end legal support on investment structuring, due diligence, key agreements, financing, construction, leasing, and regulatory matters.
Advised Blackstone on its Korea-based real estate acquisition led by the Blackstone Korea team, providing full legal support on the sale and purchase transaction, fund formation, and debt financing.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Next Generation Partners

Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Seung Eun Chi

Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Jaehwa Park

Practice head

Eun Jin Jeon

Other key lawyers

Gun Chul Do; Hyeon Kang; Seung Eun Chi; David Pyun; Jaehwa Park