An aerial picture of shipping containers at Busan Port Terminal. Demand for logistics assets are bringing APG, CPPIB and ESR funds together again as pandemic changes spending and shopping habits in the region. Photo: Bloomberg An aerial picture of shipping containers at Busan Port Terminal. Demand for logistics assets are bringing APG, CPPIB and ESR funds together again as pandemic changes spending and shopping habits in the region. Photo: Bloomberg
An aerial picture of shipping containers at Busan Port Terminal. Demand for logistics assets are bringing APG, CPPIB and ESR funds together again as pandemic changes spending and shopping habits in the region. Photo: Bloomberg

Global pension funds raise bets on South Korea logistics assets as pandemic spurs next wave of e-commerce transactions

  • Canadian and Dutch pension fund managers are teaming up with ESR for their second Korean logistics joint venture
  • E-commerce revenue in South Korea grew to US$92.4 billion in 2018 from US$16.2 billion in 2009, according to Statista

Topic |   International Property
An aerial picture of shipping containers at Busan Port Terminal. Demand for logistics assets are bringing APG, CPPIB and ESR funds together again as pandemic changes spending and shopping habits in the region. Photo: Bloomberg An aerial picture of shipping containers at Busan Port Terminal. Demand for logistics assets are bringing APG, CPPIB and ESR funds together again as pandemic changes spending and shopping habits in the region. Photo: Bloomberg
An aerial picture of shipping containers at Busan Port Terminal. Demand for logistics assets are bringing APG, CPPIB and ESR funds together again as pandemic changes spending and shopping habits in the region. Photo: Bloomberg
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