KFCCC targets tier-two cities in property push

Apr 6, 2017

The $37 billion Korean institution is selling buildings in prime locations in favour of buying second-tier real estate. It is also cutting bond exposure and eyeing certain niche alternatives.

KFCCC targets tier-two cities in property push

The Korean Federation of Community Credit Cooperatives is rotating its real estate portfolio from prime, tier-one assets into those it feels has more return upside, as it moves to raise its property exposure.

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