Korean real estate investment trust ESR Kendall Square REIT has identified up to five assets for potential sale this year as Korea’s industrial property market begins to normalise following a surge in supply during the pandemic, according to EKSR chief… Read More>>
ESR Kendall Square REIT Sells Greater Seoul Warehouse to Koramco for $63M
ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 million) as the REIT makes space in its portfolio for a pair of newly built facilities.
The Korea-listed REIT announced… Read More>>
ESR KS REIT, Hines, JLL and IGIS Confident in Face of Korea Shed Tsunami: MTD TV
South Korea’s warehouse market is headed for a challenging year amid a surge in supply and slowing rent… Read More>>
ESR Kendall Square REIT Buys Icheon Logistics Park for $96M, Welcomes Korea’s Team Fresh
ESR Kendall Square REIT has acquired an Icheon logistics park for KRW 127 billion ($96 million), bringing the number of assets in the Korea-listed trust to 18.
The newly purchased asset, due to be completed this month, adds 46,041 square… Read More>>
Panel: Logistics Investment in Korea MTD TV Asia Logistics Forum 2023
Transactions of Korea logistics assets in the first quarter were down by more than half compared to the same period last year, but had begun to show signs of a rebound as they rose 9.2 percent from the fourth… Read More>>
Evergrande Hit With Winding-Up Petition and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, debt-stricken China Evergrande faces a winding-up petition in the Hong Kong high court, the Cheng family behind New World Development launches a buyout bid for fashion retailer Giordano, and Swedish clothier H&M closes… Read More>>
Investors Confident in South Korea’s Logistics Market Despite Headwinds Asia Logistics Forum 2022
South Korea’s logistics real estate market is on track for continued growth this year despite challenges from… Read More>>
Logistics Forum Dives into Korea, Emerging Markets This Week
Mingtiandi’s Asia Logistics Forum has now entered its third week, with the spotlight turning to some of the region’s fastest growing warehouse markets for a pair of shows featuring speakers from ESR Kendall Square, LaSalle, Hines, JLL, Logos, CPPIB, Cushman… Read More>>
Panel: Logistics Investment in South Korea MTD TV Asia Logistics Forum 2022
Investors purchased $5.8 billion in stabilised logistics assets in South Korea during 2021 — a level which was more than four times the 2015 to 2019 average, according to data from MSCI-RCA. That surge in sales of completed assets marks… Read More>>
Speaker Bio: Sanghwoi Bae of ESR Kendall Square REIT MTD TV Productions
Mr. Sanghwoi Bae joined ESR Kendall Square in 2019 as the head of Income JV investment. He then joined Kendall Square REIT Management to spearhead ESR Kendall Square REIT’s (KOSPI 365550, the “REIT”) IPO and investment. After completing the REIT… Read More>>