Knight Frank Investment Management (KFIM) has invested 拢56m (鈧�64.5m) in a UK warehouse for Korean investors.
The warehouse, in Crewe in the north west of England, is let to BAE Systems.
Kevin Aitchison, chief executive of KFIM, said: 鈥淎 couple of years ago we made a strategic decision to establish new partnerships within the Korean institutional market.鈥�
The deal, he said, is KFIM鈥檚 first for the Korean clients.
鈥淭he transaction is another significant step forward in achieving our long-term business plan and we are confident that this will be the first of many transactions for investors from the region,鈥� he said.
