M&G Real Estate acquiries Korean logistics centre

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29 Nov 2019 09:36 #25127 by toapayohlady
Real estate fund manager M&G Real Estate has acquired a US$131 million ($179 million) logistics centre south of Seoul as part of its core Asian property strategy.

Yongin Baegam Logistics Centre is in an established logistics cluster close to the city’s major highways. Spanning 1,076,391 sq ft, the four-storey asset is leased out to tenants that include third-party logistics operators and retailers.


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www.edgeprop.sg/property-news/mg-real-es...ean-logistics-centre

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