Blackstone buys majority stake in Seoul-area logistics park
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Source: The Korea Herald
Published: 2026-09-10 16:00 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Asia, South Korea, Economy & Finance, Financial Markets, Property & Housing, World News, Business & Economy, Asia Pacific
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Snippet:
Blackstone, the world's largest alternative asset manager, has acquired a majority stake in a logistics development in Greater Seoul, which includes Incheon and Gyeonggi Province, in partnership with Singapore-based real estate manager ESR, seeking to capitalize on continued growth of South Korea's logistics market, the asset manager said Thursday.
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