invest1 publisher
Korea's safe rental trust moves jeonse risk from tenants onto HUG's guarantees
Korea's HUG says its safe rental trust has more than 1 trillion won in commitments before launch, against a 15 trillion won yearly target. In HUG's own example, landlords earn 4.35% on deposits the trust will lend to cash-short builders, and HUG covers principal losses on its guaranteed loans.
Publishers:en.sedaily.com
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