KTCU explores further collaboration with CalSTRS following real estate JV
The Korean Teachers’ Credit Union is exploring to build out the collaboration with its Californian counterpart. The initial joint venture solves logistical issues that emerged during the Covid-19 pandemic, the Korean investor tells AsianInvestor.
The Korean Teachers’ Credit Union (KTCU) recently signed a memorandum of understanding (MOU) with the California State Teachers' Retirement System (CalSTRS).
Under the MOU signed August 30, the two parties will explore the opportunities and potential for further real estate investments together, investing in a broader range of assets and strengthen their business collaborations.
This follows the establishment of a joint venture (JV) earlier this year into US real estate investme…
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