Koreans snap up French shopping mall

first_imgTuesday 17 August 2010 7:52 pm Koreans snap up French shopping mall Show Comments ▼ Share whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Tags: NULL SOUTH Korea’s National Pension Service (NPS) said yesterday it would buy a 51 per cent stake in a French shopping mall from Anglo-French property investor Hammerson for around 350bn won (£189m).The deal is the latest addition to NPS’s growing investments in overseas property assets which include a $767m (£493m) purchase of Sony Center in Berlin, a $160m buy of Gatwick airport in London and a $1.3bn purchase of HSBC’s European headquarters in London’s Canary Wharf financial district.NPS, the world’s fifth-biggest pension fund, is considering buying additional stakes in the O’Parinor mall near Paris, a spokeswoman in the fund said. The shopping centre, which has more than 90,000 square metres (968,800 sq ft) of space, was redeveloped in 2008 and houses 220 stores including retailer Carrefour, H&M, Zara, and Toys ‘R’ Us, according to Hammerson. NPS, which manages nearly 300 trillion won (£161.8bn) in assets, aims to boost investments in assets such as real estate, infrastructure and private equity funds to 6.4 per cent this year from 4.5 per cent as of the end of November, and has been building a global presence in the past year. KCS-content whatsapplast_img

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