Blackstone Buys Korean Logistics Stake

Blackstone has acquired a majority interest in the Sanha Logistics Park II development in South Korea. Singapore-based ESR will remain an investor and continue as asset manager for the project.

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FILE PHOTO: A logo of Blackstone is pictured in Manhattan, New York City, U.S. July 29, 2025. REUTERS/Mike Segar//File Photo

BLACKSTONE INC acquired a majority stake in Sanha Logistics Park II in South Korea for an undisclosed sum through a primary share issuance, expanding its Asian real estate portfolio.

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