Logistics Marketbeat Report

In the first half of 2024, the transaction volume of logistics centers in the Seoul Metropolitan Area reached approximately KRW 2.8 trillion, marking a 68% increase compared to the previous half-year period. The number of cases where construction companies assume liabilities due to completion Guarantees and joint guarantees has been increasing, and this trend is expected to continue for the time being. During this period, approximately 2.2 million square meters of new logistics centers were supplied, primarily in the southern and western regions, with additional new supply anticipated in the western region in the second half of the year.