ESR expands Korea development JV with APG, CPPIB to $2b

ESR expands Korea development JV with APG, CPPIB to $2b

Geomdan Logistics Park, currently undergoing development, is part of ESR-KS II which invests in and develops Class A logistics warehouses in Korea.

Pan-Asia logistics real estate platform ESR on Wednesday announced that it has upsized its second development joint venture (ESR-KS II) in South Korea by up to $1 billion in total capital commitment.

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