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


Why your retirement fund might soon include cryptocurrency
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’
South Korea to End Short-Selling Ban as Financial Market Uncertainty Persists
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Why the Middle East is being left behind by global climate finance plans
European Stocks Rally on Chinese Growth and Mining Merger Speculation
S&P 500 Surges Ahead of Trump Inauguration as Markets Rally
Investors value green labels — but not always for the right reasons
Tech Stocks Rally in Asia-Pacific as Dollar Remains Resilient
China’s Growth Faces Structural Challenges Amid Doubts Over Data
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
SoftBank Eyes Up to $25B OpenAI Investment Amid AI Boom
Gold Prices Rise as Markets Await Trump’s Policy Announcements
KiwiSaver shakeup: private asset investment has risks that could outweigh the rewards
Tempus AI Stock Soars 18% After Pelosi's Investment Disclosure
Wall Street Rebounds as Investors Eye Tariff Uncertainty, Jobs Report 



