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NPS Ups Stake In Paris Mall For $150M
National Pension Service of Korea, a public pension fund for South Korea, has purchased a stake in a mall near Paris from European real estate company Hammerson.
National Pension Service of Korea(NPS of Korea), a public pension fund for South Korea, has purchased a stake in a mall near Paris from European real estate companyHammerson,Bloombergreports. NPS of Korea has paid $150 million for the stake.
The acquisition of an additional 24 percent stake inO’Parinorhas increased NPS’ ownership in the mall to 75 percent. The transaction is part of Hammerson CEODavid Atkins”战略出售资产削减债务和金融more-profitable acquisitions and new developments.
Click here for the release fromBloomberg.