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Blackstone takes majority stake in ESR’s Sanha Logistics Park II development in South Korea
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Blackstone takes majority stake in ESR’s Sanha Logistics Park II development in South Korea
  • Blackstone Real Estate Partners funds took a majority stake in Sanha Logistics Park II via a primary share issuance.
  • ESR Group remains an investor in the 334,000-sqm dry-storage logistics development in South Korea’s Seoul metropolitan area.
  • ESR Kendall Square will stay on as development manager, asset manager for the project.
  • Sanha Logistics Park II is under construction, slated for completion in 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ESR Group Ltd. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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