KendallSquare REIT Management Inc. was established in May 2020 as a 100% subsidiary of ESR KendallSquare, and it is currently the only local logistics-focused REIT in South Korea. Rather than the traditional REIT model of individual assets and projects, ESR KendallSquare REIT focuses on developing logistics centers as the core assets to create sustainable and recurring revenue. The REIT’s management team and real estate experts, with abundant real estate experience and expertise, aim to lead the South Korean REIT market by creating a competitive edge.