AsianInvesterAsianInvester

Korean funds looking further afield for US property

Fund managers from the country are eager to source targets for their local clients, but difficulty in sourcing deals is forcing them to look further afield, say advisers.
Korean funds looking further afield for US property

Korean fund managers are bidding aggressively on real estate assets in the US office and logistic sectors to try and satisfy local asset owner appetite for private assets. But many are missing out to local cash buyers, despite sometimes offering premiums of 10%. As a consequence, the managers have had to widen their searches into lower-tier cities.

Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
¬ Haymarket Media Limited. All rights reserved.