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Korea Postal Savings Invests USD 200 million in US and European Rental Housing Postal Savings & Insurance (Postal Savings) has begun to recruit consignment managers for a blind fund worth USD/EUR 200 million for investment in rental housing in North America and Europe. It will be a commingled fund, with the investment target set on residential rental housing such as multi-family, senior living, and student housing. The fund’s size will exceed USD 500 million based on the final expected fundraising amount. The management company can apply only for global real estate assets worth up to USD 5 billion and investment regional real estate assets of USD 3 billion or more. […]
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