Hong Kong-headquartered ESR Group has raised $325 million for its first real estate credit investment platform in South Korea.
According to a statement, the credit fund will target credit investments secured by high-quality real estate assets with a primary focus on the new economy assets will include modern logistics centres, data centres, infrastructure and energy transition in South Korea.
ESR said it wants to benefit from structural growth trends in new economy’ assets and strengthens the group’s position as a leader in real estate development in Asia.
Since 2015, ESR has continued to expand in South Korea and now has a total of $14.1...
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