Singapore’s CapitaLand Investment has signed a contract for the acquisition of Cheonan Yulgeum-ri Logistics Center. The asset is a refrigerated and room-temp logistics center complex located at 775-7 Yulgeum-ri, Seonghwan-eup, Cheonan-si, Chungcheongnam-do, with a total floor area of 62,513.9 square meters, consisting of 3 basement levels and 4 above-ground floors. Room temperature accounts for 75%, while refrigerated accounts for 25% of warehouse space. The newly constructed asset was completed in January 2023. It is located 10 minutes from the nearby Bukcheonan IC and has good accessibility to major hubs such as Seoul and Gyeonggi-do via the Gyeongbuk Expressway. The proximity to several industrial complexes makes it easy to […]