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KORAMCO Energy REIT Incorporates Logistics Center and Starts Development Business Koramco Energy Plus REIT is expanding its business to incorporate new logistics center assets. Their investment portfolio, which was previously limited to gas stations, is now more diversified. The newly added assets are the South Cheongna logistics center in Incheon (KRW 310 billion) and SK Networks logistics center (KRW 20 billion), which are scheduled to be completed in February 2022. The REIT also has plans to purchase the site of a GS Caltex gas station located in Gwanggyo, Suwon, in order to expand its role as a real estate developer and use it as a starting point for their land […]
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Content Editor, Seoul Property Insight(SPI)
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