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US News: Korean Appetite for U.S. Commercial Real Estate Heats Up During Pandemic - Wall Street Journal

Details: Category: Daily USA News; 17 Nov 2020; Last Updated: 17 November 2020; Published: 17 November 2020; Written by Google News Search Results

South Korean investors are emerging as some of the most-aggressive buyers of U.S. commercial real estate during the Covid-19 period. The East Asian country’s pension funds, life insurers and other investors have been targeting warehouses and office buildings with long-term tenants. They are also drawn by ultralow U.S. interest rates, which make currency hedging cheaper.

Source:www.wsj.com
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Posted: 2020-11-17 13:00:00

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