Last year was a year full of horror stories coming from the logistics center market. There were the issues of oversupply, rising vacancy rates, rising financial and construction costs, and poor real estate PF. However, unlike the rental market, the most preferred asset in the capital market is still logistics centers. The market conditions are less than ideal, but CBRE Korea still completed transactions on 11 assets worth a total of KRW 900 billion (based on transaction closing) last year. The CBRE market share in the logistics center transaction advisory market is upwards of 85%. It’s safe to say that CBRE Korea led the Korean logistics center transaction […]