Deutsche Bank unit DWS acquires third logistics asset in Seoul for $57m

seoul
People walk inside Seoul Station in Seoul, South Korea, on Wednesday, March 7, 2018. Photographer: SeongJoon Cho/Bloomberg

Deutsche Bank’s asset management arm DWS has expanded its portfolio to South Korea with the acquisition of a prime logistics property Logiport Icheon in Icheon, Greater Seoul for $57.3 million (KRW 61.2 billion) in an off market transaction.

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