South Korean investors are emerging as some of the most-aggressive buyers of U.S. commercial real estate during the COVID-19 period. They are also drawn by ultralow U.S. interest rates, which make currency hedging cheaper. Meanwhile, it is increasingly difficult to make money on new investments in South Korea, said Ann Seung-Eun Lee, a counsel in Goodwin’s real-estate industry group. Read The Wall Street Journal article here.
In The Press November 17, 2020