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05 Jan 2026
M&G Real Estate buys 78.5% stake in Seoul logistics asset Logisvalley Ansan for its Asia property fund
Summary
M&G Real Estate acquired a 78.5% stake in Logisvalley Ansan, a logistics facility in Seoul, for KRW512.3 billion. The facility, anchored by Coupang and LF, is designed for automation and features large, flexible floor plates. M&G’s Asia Property Fund, alongside two domestic investors, will hold the majority stake in the asset.