▶ Finalizes master property management agreement for five logistics centers across key hubs nationwide, including the Greater Seoul area, Jeonbuk, and Gyeongbuk
▶ Named preferred bidder for large-scale 'Integrated PM' service covering 14 assets nationwide
▶ Expands third-party integrated management beyond offices and logistics into diverse asset classes such as hotels and IDCs
RSQUARE (CEO: Lee Yong-gyun), a full-service commercial real estate firm, announced on the 8th that it continues to win mid- to large-scale Property Management (PM) contracts, further diversifying its portfolio of managed asset classes.
Following a comprehensive PM agreement for five logistics center buildings, RSQUARE has extended its winning streak by being named preferred bidder for a major integrated PM contract spanning 14 assets nationwide — including offices, logistics facilities, hotels, and Internet Data Centers (IDCs).
The five logistics centers covered by the latest agreement are owned by Mplus Asset Management and span a combined gross floor area (GFA) of 36,956 pyeong. Located across major hubs nationwide, including the Greater Seoul area, Jeonbuk, and Gyeongbuk, the portfolio includes a mix of ambient, cold storage, and hybrid facilities — further expanding RSQUARE's experience and operational scope in logistics property management.
RSQUARE was also recently named preferred bidder in an open tender for a large-scale "Domestic Real Estate Non-Resident Integrated Property Management (PM)" service commissioned by Hana Alternative Asset Management. Final terms are currently being finalized, with operations set to begin in October.
The assets covered under this integrated PM contract comprise 14 properties held across 12 separate funds, representing a mega-scale mandate with a combined GFA exceeding 85,000 pyeong. The portfolio spans a diverse, nationwide range of property types, including office buildings, logistics centers, IDCs, hotels, movie theaters, and hypermarkets.
This latest win reflects a broader industry trend in which asset management firms are increasingly issuing "Integrated PM" mandates — consolidating geographically dispersed, multi-asset portfolios under a single specialized management provider to improve operational efficiency and centralize oversight across their Assets Under Management (AUM).
RSQUARE's Logistics PM Business Division (Head: Chul Jung) led the effort, drawing on the firm's differentiated property management capabilities as a proptech leader — including data-driven strategic proposals, tailored service execution, and deep domain expertise.
"Winning consecutive integrated management mandates is a meaningful achievement," said Hyun-seok Ji, Head of the Real Estate Business Division at RSQUARE. "Given the scale of these projects, we will deliver efficient, systematic asset management backed by RSQUARE's data-driven capabilities to maximize client satisfaction."
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▶ Finalizes master property management agreement for five logistics centers across key hubs nationwide, including the Greater Seoul area, Jeonbuk, and Gyeongbuk
▶ Named preferred bidder for large-scale 'Integrated PM' service covering 14 assets nationwide
▶ Expands third-party integrated management beyond offices and logistics into diverse asset classes such as hotels and IDCs
RSQUARE (CEO: Lee Yong-gyun), a full-service commercial real estate firm, announced on the 8th that it continues to win mid- to large-scale Property Management (PM) contracts, further diversifying its portfolio of managed asset classes.
Following a comprehensive PM agreement for five logistics center buildings, RSQUARE has extended its winning streak by being named preferred bidder for a major integrated PM contract spanning 14 assets nationwide — including offices, logistics facilities, hotels, and Internet Data Centers (IDCs).
The five logistics centers covered by the latest agreement are owned by Mplus Asset Management and span a combined gross floor area (GFA) of 36,956 pyeong. Located across major hubs nationwide, including the Greater Seoul area, Jeonbuk, and Gyeongbuk, the portfolio includes a mix of ambient, cold storage, and hybrid facilities — further expanding RSQUARE's experience and operational scope in logistics property management.
RSQUARE was also recently named preferred bidder in an open tender for a large-scale "Domestic Real Estate Non-Resident Integrated Property Management (PM)" service commissioned by Hana Alternative Asset Management. Final terms are currently being finalized, with operations set to begin in October.
The assets covered under this integrated PM contract comprise 14 properties held across 12 separate funds, representing a mega-scale mandate with a combined GFA exceeding 85,000 pyeong. The portfolio spans a diverse, nationwide range of property types, including office buildings, logistics centers, IDCs, hotels, movie theaters, and hypermarkets.
This latest win reflects a broader industry trend in which asset management firms are increasingly issuing "Integrated PM" mandates — consolidating geographically dispersed, multi-asset portfolios under a single specialized management provider to improve operational efficiency and centralize oversight across their Assets Under Management (AUM).
RSQUARE's Logistics PM Business Division (Head: Chul Jung) led the effort, drawing on the firm's differentiated property management capabilities as a proptech leader — including data-driven strategic proposals, tailored service execution, and deep domain expertise.
"Winning consecutive integrated management mandates is a meaningful achievement," said Hyun-seok Ji, Head of the Real Estate Business Division at RSQUARE. "Given the scale of these projects, we will deliver efficient, systematic asset management backed by RSQUARE's data-driven capabilities to maximize client satisfaction."