(Photo= Yonhap news)

 

[Alpha Biz= Reporter Kim Jisun] Coupang to Invest 77.7 Billion KRW in Leasing Logistics Center in Seongnam

Coupang will invest 77.7 billion KRW in a capital increase of its real estate investment affiliate (IGIS Real Estate Private Equity Investment Company No. 543) to lease a logistics center in Seongnam, Gyeonggi Province, according to an announcement on the 29th.

The investment is intended for leasing the logistics center recently acquired by IGIS Asset Management.

Seongnam is a densely populated area in Gyeonggi Province, and Coupang aims to strengthen its delivery services, including Rocket Delivery, by securing this logistics center.

 

 

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