Korean Public Funds Funnel Money into U.S. Logistics

Posted on 09/22/2017


Korean financial institutions, through Mirae Asset Global Investments Co. Ltd. committed 54 billion KRW (US$ 48 million) in mezzanine debt that is securing two warehouses in Florida and Massachusetts. These warehouses are leased to FedEx Corporation. U.S. insurance giant MetLife invested in the senior tranche of the debt facility. The Korea investors investing through Mirae […]

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