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Macquarie in third Korean deal

Macquarie in third Korean deal

(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.
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