Samsung Life Eyes U.S., Europe RE Assets

Samsung Life has provided $468 million to German Lender, Deutsche Bank, to invest in U.S. and Europe real estate market, GlobeSt reports. The bank’s real estate investment management unit, RREEF, will handle the distribution.

The investment allocations by the Korean insurer are expected to be between $200 million to $300 million. RREEF also took on an $824 million investment by Malaysia’s Employees Provident Fund for the same markets last year.

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