HONG KONG/SINGAPORE/BENGALURU (Dec 30): Global investment firm KKR and its affiliated Korean asset manager, Kreate Asset Management, said on Tuesday that they have completed the purchase of Cheongna Logistics Center, which they say is South Korea's largest single-asset logistics deal. Brookfield Asset Management, which sold the logistics centre to the KKR-led consortium, did not immediately respond to a Reuters request for comment. KKR won a bidding process for the asset, according to local media. Previous investments include Incheon Metro Logistics, a large-scale warehouse development in Incheon, and Hwaseong Jegi Logistics Centre, a major facility in a key logistics hub. KKR has also been active in logistics across Asia, with investments in LOGISTEED, a leading third-party logistics provider in Japan, and Reliance Logistics Group in India.

Source: The Edge Markets December 30, 2025 04:33 UTC