Korea Post Savings shuns China and India to emerge as a fan of Aussie real estate

Such is the lure of Australia's red hot real estate market that Korea Post Savings is shunning high-yield emerging markets real estate debt in China and India in favour of Aussie allocations. By early next year, the investment arm of Korea Post is to set up a separately managed account (SMA) for real estate debt so it can make more timely and competitive investment decisions in the crowded property markets in the US, Europe and Australia. It will also use it to seek niche opport…