KTCU to boost overseas RE exposure

Korean Teachers Credit Union (KTCU) plans to scale up the oversea real estate portfolio in 2018.

KTCU expressed to extend its real estate presence from New York to the areas where property prices still remain in GFC levels, as well as European gateway cities.

In addition, it is looking to raise its net allocation to overseas real estate to KRW3.8 billion and achieve six percent of investment return for its overseas real estate portfolio next year.

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