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S. Korea’s Wealth Fund Sets Sights on Commercial Properties in Europe, China

S. Korea’s Wealth Fund Sets Sights on Commercial Properties in Europe, China

SEOUL, July 26 (Korea Bizwire) — Korea Investment Corp. (KIC), South Korea’s US$157 billion sovereign wealth fund, is seeking to buy commercial properties in Europe and China, the company’s top executive has said, in what could be its latest alternative investments. “We are considering making investments one each in Europe and in China,” KIC Chairman [...]