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Icheon Logistics Park 7
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Asset overview

This acquisition, expected to be completed in May 2023, will supply a new asset equipped with the latest facilities.


The asset is highly preferred by investors and tenants as it can deliver goods to all over the country based on the excellent accessibility to major expressways and metropolitan areas. [Icheon IC (Yeongdong Expressway) - 7km (11 minutes), Hobeop JC (Jungbu Expressway) - 14km (16 minutes), Yeoju JC (Jungbu Inland Expressway) – 17 km (18 minutes), Pangyo – 52 km (47 minutes), GBD – 62 km (68 minutes)] It has convenient entry and exit with adequate lighting on all floors. It has also large docks and unloading areas.


This asset has secured master lease agreements with specialized logistics companies for five years as soon as the completion, which ensures stable lease profits. (Issuance of lease agreement completed)

 

Area/Location Metropolitan area / Icheon City
Location 310, Bupil-ri, Daewol-myeon, Icheon-si, Gyeonggi-do
Completion date Scheduled to be completed in May 2023 (acquisition within 2023)
Size 2-story basement – 4-story building
Land area/Gross floor area 29,994㎡ / 46,041㎡ 
Accessibility Icheon IC (Yeongdong Expressway) – 7km (10 minutes), Hobeop JC (Jungbu Expressway) – 14km (15 minutes)