KIC raises property concerns as it adds to alternatives

Difficulty in sourcing suitable real estate deals is keeping the Korean Investment Corporation (KIC) from expanding within the asset class, even though the sovereign wealth fund is keen to substantially increase its allocation to alternatives in general. Investors know where the opportunities are within the real estate sector (logistics and data centres), but finding the right deals is the hardest part of the equation, Daniel Oh, director of real estate group at KIC, told AsianInv…