South Korea's National Pension Service (NPS) invested 500 billion won in acquiring fulfillment center portfolios with approximately 1.33 million square meters in multiple US cities, including Atlanta, Boston, Chicago, Detroit, and Memphis.
The investments were made through Stockbridge Capital’s US$2 billion funds.
The project is the largest US industrial asset transaction since the COVID-19 outbreak.
Most of the centers in the portfolio are newly-built cutting-edge facilities with high investment value and are in long-term lease contracts with major e-commerce firms such as Amazon.
The NPS has so far made two joint investments with Stockbridge Capital, the first being in November last year in US logistics facilities with an area of 800,000 square meters.
The NPS is expanding its alternative investment to raise its investment returns and diversify and reduce investment risks.
Alternative investment accounts for 12 percent of its total investments with the ratio set to be increased to 15 percent by 2025.
Stockbridge Capital is a San Francisco-based alternative investment asset management firm with a portfolio worth US$18


South Korea to End Short-Selling Ban as Financial Market Uncertainty Persists
Apple Downgraded by Jefferies Amid Weak iPhone Sales and AI Concerns
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Bitcoin Hits $100K Milestone Amid Optimism Over Trump Policies
China's Refining Industry Faces Major Shakeup Amid Challenges
Investors value green labels — but not always for the right reasons
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Insignia Financial Shares Hit 3-Year High Amid Bain and CC Capital Bidding War
U.S. Stock Futures Rise as Trump Takes Office, Corporate Earnings Awaited
Do investment tax breaks work? A new study finds the evidence is ‘mixed at best’
Wall Street Rebounds as Investors Eye Tariff Uncertainty, Jobs Report
U.S. Condemns China's Dominance in Global Shipbuilding and Maritime Sectors
Tempus AI Stock Soars 18% After Pelosi's Investment Disclosure
Investors Brace for Market Moves as Trump Begins Second Term
Ferrari Group to Launch IPO in Amsterdam, Targets Over $1 Billion Valuation
UK Markets Face Rising Volatility as Hedge Funds Target Pound and Gilts
Reliance Industries Surges on Strong Quarterly Profit, Retail Recovery 



