ESR Kendall Square REIT Acquires Icheon Logistics Center for KRW 127.1 billion ESR Kendall Square REIT has acquired the Icheon 7 Logistics Center for KRW 127.1 billion. This is a price adjusted by 2.3% from the transaction price (130.1 billion) that was negotiated at the time of the pre-purchase contract last year. ESR Kendall Square REIT plans to acquire the directly via the REIT asset. The plan involves raising funds through loans from financial institutions and a paid-in capital increase, leading to the decision to receive a collateral loan of KRW 72.6 billion and a value-added tax loan of KRW 10 billion from Hana Bank and others. ESR Kendall Square […]