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SEOUL-The syndicated financing, which was exponentially oversubscribed, will fund the land acquisition as well as various infrastructure improvements for the 1,500-acre, $25-billion development 20 miles southwest of this city. The CEO of master developer Gale International tells GlobeSt.com the financing means it can now sell the other pieces of the development that will generate the revenue necessary to pay off the loan.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!