(Australia) – Australia’s Macquarie Bank has announced its third Korean deal so far this year, with the purchase of three Seoul office buildings for 237 billion won (US$201 million).The purchase was done through Shroder Asian Properties, a fund managed by Macquarie.
The property deal follows Macquarie’s expansion into Korean derivatives products in alliance with Woori Bank, and a deal with the Shinhan group to invest in Korea’s toll road industry.