Jun
01
South Korea Rides New Wave of US Real Estate Investments
BySouth Korea has become the fourth-biggest foreign investor in the U.S. real estate market. And it shows no sign of slowing down.
In 2015, South Korea became the fourth-largest foreign investor in U.S. office space, but its weight is not limited to one type of property, with fund investments spanning several asset categories.
“I would put commercial buildings on top. But besides that, we are also interested in logistics, retail, data centers,” Kwon Lee, partner in Mayer Brown’s New York office, told Commercial Property Executive. With 25 years of experience in the field, Lee and his partners have handled 85 percent of all U.S. commercial real estate purchases involving South Korean investors…
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