Korea pension to invest $300m in French mall

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SOUTH KOREA/FRANCE - South Korea's National Pension Service said it plans to buy a 51% stake in a shopping mall near Paris for about 350bn won ($300m), adding to property investments in London and Berlin.

The pension fund, South Korea's biggest investor, is acquiring the stake in the O'Parinor mall from Hammerson Plc, National Pension spokesman Kim Hyung Dong said. Yonhap News reported the fund is c...

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