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Sign in Sign up for a FREE subscriptionTwo Korean firms look to buy six warehouses in France
South Korea's Mastern Investment Management Co. and Kiwoom Securities Co. are in the due diligence process to acquire six last-mile logistics centers under construction in France for a combined 250 billion won ($225 million), reported The Korea Economic Daily.
Since second half 2020, both Mastern Investment and Kiwoom have been looking to acquire last-mile logistics centers under construction in Europe. In December 2020, Kiwoom acquired a new logistics center in Tholen in the Netherlands.