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2026 Korea Logistics Market Report

05/06/2026

The Greater Seoul Area logistics market passed a structural inflection point in 2025, as a sharp supply contraction coincided with increasingly selective occupier demand. New supply fell 73% y-o-y, NPL-driven transactions declined significantly, and the share of arm's-length deals recovered meaningfully, with foreign capital accounting for 74% of total transaction volume. The 2026 Korea Logistics Market Report examines the turn in the supply cycle, the structural shift in demand toward larger, higher-spec assets across wider geographies, and the concentration of investment activity in core assets, with in-depth analysis by submarket.

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