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In another mega partnership, APG, Canada Pension Plan Investment Board and ESR Cayman Limited Investments, have entered into a new joint venture, called ESR-KS II. Its goal is to invest in South Korean industrial assets.
The JV, which has a total equity allocation of $1 billion, is considered one of the largest global real estate capital raisings this year. It comes on the heels of another high-profile collaboration by the trio in the area of Korean logistics.
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Suzette Parmley
Trenton Correspondent who covers the N.J. Supreme Court, Governor, Legislature. She also contributes to The Legal Intelligencer and law.com. Suzette joined New Jersey Law Journal in Jan. 2019 from the Philadelphia Inquirer where she was a former Trenton Statehouse Correspondent and Business Reporter/Columnist. Awards: 1st Place for 2020 coverage of NJ Supreme Court; 2019 Specialized Writing Category, 5-time winner of the Business Financial Writing Portfolio Award from the New Jersey Press Association. Graduate of the Fels Center of Government/University of Pennsylvania. Email: [email protected] or follow on Twitter: @SuzParmley
