Korea Post speeds up real assets allocation with $300 million of investments

Korea Post has hired US private equity giant Blackstone and UK real estate investment firm Tristan Capital Partners for its €200 million (US$228.96 million) real estate mandate focusing on developed markets in Europe. The government postal agency announced the appointment in a statement on February 3. As proposed, the investment is structured as an open-ended commingled fund, and adopts core and core-plus strategies. It has been Korea Post’s second real estate tender in less tha…