South Korea saw logistics rents rebound in the first quarter of 2026, compared to the same period a year ago, as a steep decline in launches of new warehouses has taken away tenant bargaining power in the face of continued expansion of the country’s e-commerce sector.
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- Duke Lee, Head of Investment and Asset Management, Pebblestone
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- Sanghwoi Bae, Chief Executive Officer, ESR Kendall Square REIT
To find out more about how conditions are changing in South Korea’s logistics real estate market, Mingtiandi will be speaking with Sanghwoi Bae, chief executive officer of ESR Kendall Square REIT, about how he has grown the public logistics fund to around KRW 3 trillion ($2.2 billion) in assets.
Also joining the programme, which is sponsored by Yardi, will be Duke Lee, head of investment and asset management at Pebblestone Asset Management, whose firm has partnered with global investors including Blackstone on logistics acquisitions in the country.
Join us on MTD TV for a 30-minute discussion as Sanghwoi and Duke examine the strategies shaping South Korea’s logistics market.
Date: Tuesday 23 June 2026
Time: 10:00 AM – 10:30 AM HKT
Speakers:
- Duke Lee, Head of Investment and Asset Management, Pebblestone Asset Management
- Sanghwoi Bae, Chief Executive Officer, ESR Kendall Square REIT
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