Mercedes-Benz is making headlines in the commercial real estate market due to its planned expansion of its logistics center. Currently, Mercedes-Benz is leasing the Mercedes-Benz Parts Logistics Center in Dangchon-ri, Iljuk-myeon, Anseong, Gyeonggi-do. The Mercedes-Benz parts logistics center, Equibase, has a total floor area of 32,386 square meters. It was developed in 2014 as a build-to-suit (BTS) warehouse for Mercedes-Benz. In 2019, LB Asset Management acquired the property, and later Kohlberg Kravis Roberts (KKR) participated as an investor. KKR attracted attention by investing through ‘KREST (KKR Real Estate Select Trust)’ rather than the Asia Real Estate Partners (AREP) fund, which pursues value-add and opportunistic strategies. KREST is a […]