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Invesco Logistics Portfolio Sale to be Followed by Majestar City Office

2023. 04. 12 · 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.

Invesco is currently promoting the sale of its logistics center portfolio, which was unsuccessful last year. The three assets included in the portfolio are Yangji Logistics Center, Iljuk Logistics Center in Anseong, Gyeonggi-do, and Jegi-ri Logistics Center in Hwaseong, Gyeonggi-do. Although the transaction never took place, there was a high level of interest at the time of bidding. The bidding attracted considerable interest from the market, with the emergence of new foreign investors such as EQT Exeter, who had not previously invested in Korea. But there were some differences in opinion over price. But in late July last year, with KKR lowering its expectations for the Seoknam-dong Coupang Logistics Center, […]

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