Matthias Brodesser News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Midtown　Center　in　Washington　DC　(Courtesy　of　Carr　Properties)
South Korea s IGIS Asset Management Co. and Hana Financial Investment Co. have acquired a 49% stake in the headquarters of the US mortgage lender Fannie Mae for 250 billion won ($223 million), followed by another Korean consortium s 290 billion won purchase of a logistics center in the Netherlands. 
Both IGIS and Hana bought the stake in the two-building Midtown Center in Washington DC from Carr Properties. The US real estate investment firm holds the remaining interest in the 80,717-square-meter property.
IGIS Asset will raise 250 billion won via a real estate investment trust to fund the equity investment, according to sources with knowledge of the matter on May 7. ....

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