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background-Namyangju Logistics

Namyangju Logistics

Namyangju logistics, South Korea

We are delighted to have acquired Namyangju Logistics as part of our Asia Pacific Cities platform and believe that the location and the high quality of the asset may provide diversification and stable income for our clients.

— Louise Kavanagh, Managing Director, Real Estate, Hong Kong
In August 2019, we acquired a core logistics asset strategically located in the Northeast Seoul Metro area, covering 20% of the Greater Seoul Area population. Development of the six-storey logistics centre was completed in May 2019. It has been built to a high design spec suitable for its logistics tenants with loading access on all floors and a 10m ceiling height. The state-of-the-art facility is fully let to Coupang and Emart 24 which are both leading market players in their respective industries: e-commerce and retail.

 

Property images

Namyangiu Logistics 
Namyangju Logistics, Seoul, inside of logistics centre 

Further information

Key tenants
Coupang & Emart 24

Related articles

Namyangju-Logistics,-Seoul
News
Nuveen Real Estate acquires a key logistics asset in South Korea, growing its Asia Pacific cities platform
08 Aug 2019
Real estate
Real Estate | Investment insights
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Louise Kavanagh
Louise Kavanagh
Chief Investment Officer and Head of Asia Pacific, Real Estate
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