The property, Anseong Seoungeun Logistics Centre, comprises two four-storey buildings with basement floors. The property has a total of 60,407 sqm of net leasable area.
CapitaLand Open End Real Estate Fund (COREF), the flagship regional core-plus fund of CapitaLand Investment (CLI) (SGX:9CI
) , has acquired a newly completed, Grade A logistics property in South Korea for $112 million.
The acquisition will bring COREF’s funds under management (FUM) to over $1 billion.
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