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US real estate deals drying up for Korean investors

Hugo Cox
Lately Korean investors have been struggling to compete with local players for assets in popular US property segments such as logistics and office space.
US real estate deals drying up for Korean investors

Korean investment into US real estate has shot up since September amid pent-up demand and falling currency-hedging costs, with office allocations rising particularly quickly in that time despite Covid-related uncertainty. That is in sharp contrast to waning Korean flows into European real estate.

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