Korea's National Pension Fund buys Parisian shopping center
The National Pension Service of Korea (NPS) has acquired 51% stake in the O'Parinor, a shopping center in the Parisian suburb of Île-de-France, from London Stock Exchange Listed realtor Hammerson LLC.
The price for the controlling shares was not disclosed, though the asset was valued at EUR432 million ($553 million) as of June. Hammerson will retain its remainding shares and take up an asset-management...
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