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Kendall Square Asset Management to Sell Icheon Naechon-ri Logistics Center, Third on Market This Year

2025. 06. 17 · 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.

    Kendall Square Asset Management is pushing for the sale of a logistics center located in Naechon-ri, Maesan-myeon, Icheon-si, Gyeonggi-do, following the sale of Icheon Logistics Center 4 (Icheon Fila Logistics Center). The company has already been actively pursuing the sale of the Icheon logistics center 4, in which ESR Kendal Square REIT is an investor, since the beginning of this year, and has selected Kohlberg Kravis Roberts (KKR) and Pacific Asset Management as the preferred bidders. The transaction is expected to be completed without issue. Coupang’s Mokcheon logistics center is also being pursued for acquisition by the listed REIT ESR Kendall Square REIT. Kendall Square Management has now […]

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