South Korean investors have spent €6.2 billion ($6.88 billion) on European property in the first half 2019, the highest figure on record, according to Savills. The activity of South Korean investors is also increasing in Poland.
Jae Yoon, senior manager, outbound investment advisory, Savills Korea, said,“As the core gateway cities of Europe continue to evidence compression of prime yields and an ever competitive domestic investment market, Korean investors have started exploring more creative strategies through which to achieve their required cash-on-cash returns. Whilst diversification into more peripheral markets and new asset classes goes some way to affording the means of fulfilling their key income return requirements, there is also a growing willingness amongst Korean investors to approach more innovative structures, including co-investment alongside seaso