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Sign in Sign up for a FREE subscriptionKorea Post plans to invest $300m in real estate mezzanine debts
Korea Post’s savings arm plans to invest around $300 million in mezzanine tranches on commercial properties in the United States and other developed countries in 2019, and it is currently searching for qualified real estate investment managers.
It is targeting mezzanine debt, preferred equities and B-notes, with those from the U.S. accounting for at least 50 percent.
Qualified candidates must manage more than $7 billion in real estate assets.
The deadline for proposals is May 7.
To view the RFP, click here.