Macquarie in more Korea moves
(Australia) - Macquarie Bank continues to move into Korea, with the announcement of plans to establish a A$150 million property investment trust.
Macquarie's Seoul-based head of Asian real estate, David Shaefer, says he plans to get the trust underway "this year."
The move follows recent announcements from Macquarie on investments in Korean toll roads, a derivatives joint venture, and last week's purchase of key Seoul office buildings.
The move follows recent announcements from Macquarie on investments in Korean toll roads, a derivatives joint venture, and last week's purchase of key Seoul office buildings.
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