Brick Properties, Signs Business Agreement with Japan's F&P to Accelerate 'Advanced Logistics'
[Asia Economy Reporter Hyunseok Yoo] Brick Properties, a logistics center specialized development company (hereinafter Brick), announced on the 17th that it has signed a business agreement with Fukuda & Partners (hereinafter ‘F&P’), a Japanese logistics center specialized company, to cooperate in technical consulting and exchange regarding future logistics center development plans.
Through this business agreement, F&P will provide Brick with expert technical advice and know-how related to the construction and overall development of logistics centers, based on its 20 years of experience supplying logistics centers to global shippers. Brick is actively incorporating F&P’s technology into the logistics centers currently under development.
Established in 2001, F&P possesses extensive know-how in logistics center development not only in Japan but also overseas. The company focuses on logistics real estate development projects mainly in Southeast Asia, including Myanmar and Singapore. It has global clients such as Amazon, AEON, Coca-Cola, Daiwa, Hankyu, and Angelo Gordon.
Jinkook Kim, CEO of Brick Properties, said, “Following the successful completion of Brick No.1 (Brick Yongin Logistics Center) in June, additional logistics centers such as Brick No.2 (Brick Seoicheon Logistics Center) in 2021 and Brick No.3 (Brick Hwaseong Logistics Center) in 2022 are planned to be supplied mainly in the southern Gyeonggi region. With this business agreement, we expect that the long-accumulated know-how of F&P and Brick’s business pipeline will come together to enable the creation of logistics centers with the highest specifications that can satisfy not only domestic companies but also global shippers.”
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Meanwhile, the Brick Yongin Logistics Center, completed by Brick this year, is located in Namsa-myeon, Yongin, and is evaluated as an optimal logistics site in the metropolitan area. It is characterized by having both ambient and cold storage warehouses. The Brick Yongin Logistics Center is currently used by prominent companies such as Korea Food Service, the supplier of ingredients for McDonald’s, and M’s Food System, responsible for ingredient distribution for Maeil Dairies.
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