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Brookfield Closes Deal on KRW 245 billion S&K Integrated Logistics Center in Incheon Seoknam-dong with Full Equity

2025. 02. 21 · Byungki Koh
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    Located at 223-41 and 223-693 Seoknam-dong, Seo-gu, Incheon, the S&K Logistics Center was originally supposed to be acquired by RIFA Asset Management, but they gave up on the acquisition. As a result, the vacancy rate remained high after this, and last year, the lender declared an EOD and proceeded with the sale. S&K Logistics, which developed the S&K Integrated Logistics Center, secured a total of KRW 227 billion in project financing (PF) loans from Daewoo Construction in 2021. Brookfield Asset Management has shown interest in acquiring the asset. Brookfield has been pursuing acquisitions through transactions in the form of debt purchases and public auctions. With its consistent interest […]

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