-+ 0.00%
-+ 0.00%
-+ 0.00%

Blackstone funds take majority stake in Sanha Logistics Park II development in South Korea

PUBT·09/10/2026 00:03:59
Listen to the news
Blackstone funds take majority stake in Sanha Logistics Park II development in South Korea
  • Funds managed by Blackstone Real Estate Partners bought a majority stake in Sanha Logistics Park II via a primary share issuance.
  • ESR retained an investment. It will stay on as development manager and asset manager through ESR Kendall Square.
  • The 334,000-square-meter dry-storage project in South Korea’s Seoul Metropolitan Area is under construction, with completion expected in 2028.
  • The site sits along the Gyeongbu Expressway corridor, positioning it for distribution demand tied to the Seoul-Busan industrial route.
  • The facility is designed for high power capacity to support warehouse automation for large logistics and e-commerce users.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Inc. published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.