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CBRE IM Seeking Sale of APAC Logistics Portfolio, Korean Assets Included

2023. 01. 17 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

CBRE IM, the manager of the global real estate consulting firm CBRE, recently put its portfolio of logistics centers located in the Asia Pacific region up for sale. The portfolio includes nine assets located in Japan, China, Korea, and Australia. The total floor area of all assets combined is 573,810 square meters. All were built after 2019 and have a weighted average lease expiry (WALE) of 4.2 years, and 99% is leased property. There are six assets located in Japan, followed by one each in China, Korea, and Australia. Japan accounts for 60% of the total asset value, China 17%, Korea 13%, and Australia 10%. The Korean asset is the […]

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