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Could Incheon become an indicator of the logistics center market in Korea?

2023. 11. 20 · Victor Yongmin Jun
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    Incheon is a region that has been on the lips of many in the logistics center market. Over the past 2-3 years, there were many assessments that mostly criticized the excessive supply, and concerns about how to digest such a large supply were widespread. Many investors and developers were turning away from this market full of concerns, but upon reflection, it turns out that the leasing market in Incheon has been actively moving recently, with leases being completed one after another, from large centers to medium-sized ones. If a tenant is looking for a large dry area of 5,000 pyeong (16,500 sqm) or more at this point, there […]

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