Blackstone Inc. has announced the acquisition of a high-quality logistics portfolio in the Seoul Metropolitan Area through QUBE Industrial Asset Management funds. The portfolio includes two Grade A logistics centers located in Gimpo and Namyangju, covering a total of 1.3 million square feet. These centers serve as last-mile logistics facilities in one of Greater Seoul's most sought-after markets, with tenants comprising major local and global e-commerce and logistics companies. This acquisition reflects Blackstone's commitment to investing in prime Korean assets, particularly in the logistics sector where supply is limited.
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