On 27 July 2025, In a significant move reinforcing its commitment to Asia’s growing logistics sector, Blackstone has announced the acquisition of a state-of-the-art logistics portfolio in the Greater Seoul area. This acquisition marks another major milestone in Blackstone’s expanding presence in South Korea and underlines its continued investment momentum in one of Asia’s most dynamic logistics markets.

The newly acquired portfolio comprises a collection of high-quality, modern logistics facilities strategically located across the Greater Seoul region—an area widely recognized as a key logistics and distribution hub in Northeast Asia. The assets offer proximity to major highways, urban centers, and last-mile delivery networks, positioning them as vital infrastructure for South Korea’s thriving e-commerce and supply chain industries. These properties are expected to serve a wide range of tenants, including third-party logistics providers, e-commerce companies, and retailers seeking modern, efficient warehousing solutions.

Blackstone’s acquisition comes at a time when the demand for logistics infrastructure in South Korea is experiencing rapid growth, driven by a surge in online shopping, evolving consumer expectations, and supply chain modernization. South Korea’s e-commerce market is one of the largest in the world, and Greater Seoul’s strategic location makes it a prime area for logistics investments. The portfolio’s focus on modern, technologically advanced facilities aligns with Blackstone’s global logistics strategy, which emphasizes scalable, future-ready assets that support tenant operational efficiency and sustainability.

This transaction also underscores Blackstone’s long-term confidence in the South Korean economy and its ongoing commitment to building a robust presence in the Asia-Pacific logistics market. Over the past few years, Blackstone has steadily increased its investments in the region, with a strong emphasis on logistics, digital infrastructure, and sustainability-focused real estate. The firm’s global real estate platform, valued at over $330 billion in assets under management, continues to identify and capitalize on high-conviction opportunities in fast-growing markets.

The acquisition was facilitated through Blackstone Real Estate’s Core+ strategy, which focuses on investing in high-quality real estate with durable cash flows. The transaction not only enhances Blackstone’s footprint in Korea but also complements its broader regional logistics holdings across China, Japan, and Southeast Asia. Market analysts view this move as a strategic play to tap into the long-term structural demand for modern logistics solutions in Korea, bolstered by its urban density, digital connectivity, and robust consumer market.

Blackstone executives have expressed strong optimism about the continued growth of logistics real estate in South Korea and reaffirmed the firm’s commitment to working with local stakeholders to further expand its logistics portfolio. The company also highlighted the potential for future investments in sustainable warehousing solutions, incorporating smart technologies and eco-efficient operations to meet rising ESG expectations.

This acquisition not only strengthens Blackstone’s position as a leading global investor in logistics but also reflects the evolving nature of global supply chains and the increasing importance of resilient, well-located distribution assets in the post-pandemic economy.