Panel: Logistics Investment in Korea 2025

South Korea’s logistics sector is showing renewed momentum in 2025, with first quarter data from first quarter data from JLL showing a 65 percent quarter-on-quarter surge in trades of warehouse properties with deals in the sector reaching KRW 1.3 trillion ($949 million) during the period.

That upswing in acquisitions is supported in part by dwindling supply, with launches of new warehouses in the greater Seoul area expected to reach just 36 percent of 2024 levels this, while vacancy rates have tightened to 16.5 percent from 18 percent at the end of last year. Amid these shifts, investors are seizing the opportunity for rising rents by deploying capital into high-quality warehouse assets.

Among the investors boosting their holdings in the market in the past months was Blackstone, which recently partnered with Seoul-based Pebblestone Asset Management to acquire the Gimpo Seonggwang Logistics Center from DWS for KRW 83.5 billion ($60.4 million). Dutch pension fund APG Asset Management committed over $400 million in 2024 to Korea’s first perpetual, open-ended, core logistics fund, established by ESR Kendall Square. Meanwhile, Invesco Real Estate continues to expand its footprint in Korea, focusing on the development and management of modern facilities such as the flagship Namansan Logistics Centre, aligned with the country’s accelerating e-commerce demand.

: Duke Lee, Head of Investment & AM, Pebblestone

: ST Hwang, Senior Director, Invesco Real Estate

: Brian Hung, Director, APG Asset Management

Join us on MTD TV for a one-hour panel discussion, sponsored by Yardi, featuring senior leaders from APG, Pebblestone, and Invesco as they share their insights on what’s next for logistics investment in the world’s most connected city.

Date: Tuesday, 17 June 2025

Time: 10:00 AM – 11:00 AM HKT

Speakers

Brian Hung, Director, APG Asset Management
Duke Lee, Head of Investment and Asset Management, Pebblestone Asset Management
ST Hwang, Senior Director, Invesco Real Estate

Live Q&A with Panelists

Immediately following the discussion, Mingtiandi’s team will host a live Q&A session, allowing attendees to engage directly with the panelists on current trends, opportunities, and the future of logistics investment in South Korea.