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ESR successfully completes 520,000 sqm of Class A, 100% pre-leased logistics warehouse space in South Korea within first half of 2022

Cementing ESR's leadership as the largest logistics owner in the country SEOUL, South Korea, June 27, 2022 /PRNewswire/ ESR Group Limited("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, today announced that ESR-Kendall Square, ESR's South Korean platform, has completed a total of 520,000 sqmof Class A logistics, 100% pre-leased warehouse space, in Korea during the first half of 2022. The newly completed space with seven warehouses, primely located across the Greater Seoul Metropolitan area, has been 100% pre-leased to reputable tenants including one of the largest e-commerce companies in Korea, the logistics arm of a major global electronics manufacturer, a global courier service company, a major international logistics service provider and other leading customers. The newly completed properties further strengthened ESR's dominance in Gwangju City, the most supply-constrained logistics real ....

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