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Logistics Marketbeat Report

Suki Kim • 11/02/2026
In 2H 2025, the GSA logistics market showed overall improvement in key indicators. While new supply reached 0.53 million sq m, the shrinking area of new groundbreakings signals a looming supply shortage. The vacancy rate fell to 20.5% due to robust demand from E-commerce and 3PL sectors. Transaction volume surged to KRW 3.1 trillion, led by significant foreign investment and a focus on high-quality core assets. The market is gradually stabilizing as prime assets continue to be absorbed.

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    Suki Kim

    Head of Research
    Seoul, Korea, Republic of

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    Chloe Kwon

    Assistant Manager
    Korea, Republic of

Logistics Marketbeat Report

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