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Greystar, PATRIZIA secure Korea Post’s $100m housing investment
Investors - DECEMBER 17, 2019

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Greystar, PATRIZIA secure Korea Post’s $100m housing investment

by Andrea Zander

U.S.-based Greystar Real Estate Partners and Germany’s PATRIZIA AG have won a $100 million mandate from Korea Post to invest in the housing sector, reported Korean Investors by The Korean Economic Daily.

Korea Post will commit $50 million each to the two management companies in its first investment in funds targeting multifamily, senior housing and student housing assets in developed countries.

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