News

Korea’s National Pension Service enters into a joint venture with global asset manager Allianz

South Korea’s National Pension Service (NPS) has set up a 2.8 trillion won (US$2.3 billion) joint venture with global asset manager Allianz to invest in overseas real estate.

The joint venture, will invest in countries including Australia, Singapore, China and Japan and will target landmark office buildings, logistics centres and residential properties in major urban areas that have the highest potential for growth. The NPS is one of major pension fund operators in the world with assets under management reaching 737.4 trillion won ($599 billion) as of February this year.

Please click here to read more.

AKBC Membership

AKBC welcomes new members from both the Australian and Korean business community.

Join now

What’s on

AKBC runs events on a regular basis to keep members informed about the latest developments in Australia-Korea trade and investment.

See events

AKBC Newsletter

AKBC issues a monthly newsletter about the latest trends and developments in the Australia-Korea relationship. Sign up to our free e-newsletter by entering your email below.

Australia Korea Business Council
PO Box 24430
Melbourne, Vic 3001 Australia
Liz Griffin – Executive Director
info@akbc.com.au

The Australia-Korea Business Council is the leading national body committed to strengthening the Australia-Korea economic relationship.