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Deal detail
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Logistics and mixed-use land (all or part of the 70,000-pyeong logistics site offered for sale)Published real estate deal
Busan New Port Logistics Complex Development Site
The only ultra-large logistics site in the New Port area available for freehold ownership
| Asset type | Logistics and mixed-use land (all or part of the 70,000-pyeong logistics site offered for sale) |
|---|---|
| Location | Ungdong and Waseong Bay area, Jinhae-gu, Changwon-si, Gyeongsangnam-do |
| Area | Total site area: 240,000 pyeong (160,000 pyeong of logistics and mixed-use land) |
| Asking | Open (negotiable) |
| Target buyer | Companies seeking a logistics hub in Gyeongnam or a large-scale logistics base |
Investment highlights
- Up to 40,000 pyeong can be secured as a single parcel, optimizing the site for a large automated logistics center; unlike existing New Port hinterland sites of approximately 10,000 pyeong, it supports larger scale, automation equipment, and mixed operations
- A highly competitive end-user-oriented offering: bids for nearby West Container Zones A and B recorded competition ratios of 4:1 and 8:1, respectively, demonstrating investment appeal
Deal partner
Hyungjoo Kim, Partner