Korean Sovereign Fund Buys US Hotel Interests
Posted on 01/18/2016
Asian sovereign wealth funds continue to eye U.S. real estate in core markets such as Manhattan. Part of the focus has turned to the U.S. hospitality sector. The Korea Investment Corporation (KIC) has allocated around US$ 330 million to acquire stake in a number of U.S. hotels. The KIC inked a number of deals to […]
