Bouwinvest invests in South Korea’s logistics market with ESR

Robert Koot, Director Asia Pacific Investments, says: “Partnering with top-tier managers in each market remains central to Bouwinvest’s strategy, ensuring high-quality on-the-ground execution and alignment with global best practices. With a leading fund management and development platform in South Korea’s logistics real asset market, ESR brings deep local expertise and a proven track record. We invest in a best-in-class logistics portfolio predominantly focused on the strongest hubs in the Seoul metropolitan area.”

Jorrit Sennema, Sr. Portfolio Manager APAC, comments: “South Korea’s logistics sector is underpinned by long-term structural drivers including e-commerce growth, supply chain modernization, and a shift to modern logistics facilities in core metropolitan hubs such as Seoul and Busan. ESR’s strong in-market expertise across the full cycle of development to asset management providess exposure to a stabilized portfolio of prime and fully leased assets, accommodating high- quality tenants offering stable income with strong growth potential.”

Sunwoo Thomas Nam, Chief Executive Officer, ESR Kendall Square, Inc., says: “We are pleased to welcome Bouwinvest to our flagship Korea logistics core fund. This partnership reflects strong confidence in ESR’s deep expertise and operational excellence in South Korea. It also underscores the strength of our platform – anchored by a portfolio of modern, strategically located assets – and our shared commitment to ESG leadership. We look forward to continuing to deliver long-term value for our capital partners and capturing the significant opportunities in South Korea’s logistics sector.”

In line with our investment philosophy, we recognize that achieving long-term success and outperformance requires investing in ESG considerations where these align with delivering financial returns within our investment horizon.

Robert Koot further comments: “The investment provides immediate exposure to a prime stabilized portfolio. This forms part of our investment approach to buy into existing high quality real estate. Bouwinvest has successfully deployed capital in other markets such as Australia this year, where we have increased our exposure to a non-discretionary convenience-based retail strategy seeded with a portfolio of neighbourhood shopping centre assets.”