IRHM, Your Global Window into Real Estate and Hospitality

July 3, 2026

Warehouse

An institutional buyer has secured a major logistics hub in North Las Vegas as JLL Capital Markets oversaw the sale of a DHL distribution centre. The facility spans 339,257 square feet and represents a high-quality Class A industrial asset. Located at 3950 Alto Avenue, the site is fully occupied by DHL Supply Chain (USA) and serves as a vital link for deliveries across the Western United States.
Global investment firm KKR has completed the acquisition of the Cheongna Logistics Center in Incheon, South Korea. The deal represents the largest single asset logistics transaction in the country to date. Working alongside local asset manager Kreate, KKR acquired the 4.6 million square foot facility to capitalise on the growing demand for modern warehousing. The site is currently fully occupied and serves as a vital link in the Greater Seoul metropolitan area supply chain.
Blackstone has finalised a deal to acquire Tokyo C-NX, a premier Grade A logistics facility, for more than JPY 100 billion. The transaction is the largest logistics deal in Japan for 2025 and involves a 1.6 million square foot warehouse in the strategic Tokyo Bay area. As Japan’s e-commerce market grows to become the world’s fourth largest, Blackstone is positioning itself as a key partner for local corporates.
JINGDONG Property has increased its UK logistics holdings with the acquisition of a prime site near Leicester. Located in the "Golden Triangle," the deal includes two large warehouses and a development site capable of hosting 678,000 sq ft of new industrial space. This acquisition boosts the firm's total UK footprint to nearly 3.93 million sq ft as it looks to support regional supply chains and economic growth through high-spec, environmentally friendly infrastructure.
Toll Group has launched Singapore’s first decarbonisation hub dedicated to electric supply vessels, a 12-month proof-of-concept developed with Yinson GreenTech. The hub integrates electric marine transport, smart warehousing, and efficient trucking into one digitally connected operation.
LPP Logistics has signed an 11-year lease for a new Distribution Centre at CTPark Bucharest West. The nearly 60,000 sq m facility will enhance the LPP Group’s logistics for Romania, Bulgaria, and Greece. The new centre is a vital strategic move following a recent fire at the operator's previous Romanian facility. The hub will support the ambitious expansion of the Sinsay brand, which recently opened its 200th store in Romania.

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