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Korean asset owners avoid European real estate

After pouring nearly $15 billion into European property in the 15 months to March, Korean investors are apparently being put off such assets by relatively high prices and lower returns.
Korean asset owners avoid European real estate

South Korean asset owners are showing resurgent demand for foreign real estate as the Covid-19 crisis eases, but are investing almost nothing into European property, a sector they were dominating until the pandemic struck.

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