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South Korea’s IGIS targets domestics properties with $350m value-add fund

South Korea’s IGIS Asset Management has set up a KRW400bn (€308.2m) value-add fund to invest in domestic real estate opportunities.

IGIS was recently selected by Korea’s National Pension Service and Korea Post for their value-add investment mandates for the domestic market. For these mandates, IGIS previously said it was planning to create a US$350m vehicle.

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