South Korean investment fund buying logistics hubs in Georgia - The Loadstar
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South Korean investment fund buying logistics hubs in Georgia - The Loadstar
Korea Ocean Business Corp (KOBC) is acquiring logistics centres in the US southern state of Georgia for South Korean e-commerce businesses that have entered the US market. The state-backed ship finance institution last week announced the purchase of a 33,000 sq metre logistics facility in Atlanta, the first investment through the recently created $154m fund to procure US distribution hubs for South Korean merchants. KOBC is also completing the p…
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