CJ Logistics' construction institutional sector is increasing its presence in the downtown office market. Its overall construction capability evaluation ranking remains at No. 39, but in the office facilities category it has entered the top 10, drawing assessments that it is strengthening competitiveness in the nonresidential building sector. With recent orders centered on offices and logistics facilities, its order backlog has piled up to about 1.4 trillion won. The company is targeting annual revenue of 1 trillion won and entry into the top 30 construction companies.
On the 21st, according to CJ Logistics' construction institutional sector, the company ranked ninth in the office facilities category of the construction capability evaluation based on last year's results, marking its first entry into the top 10. A company official said, "In this year's evaluation, we expect the ranking to remain similar to the previous year or rise slightly."
Recently, it has been expanding order wins in Seoul's downtown office market. It secured projects including the reconstruction of the Myeong-dong District No. 1 office building, as well as office facility projects in the Euljiro, Suseo and Yeoksam areas. Representative achievements include Naver Green Factory and the Musinsa Megastore Seongsu.
The business structure changed significantly starting in 2018. In the past, during the CJ Construction era, the share of high-end dwellings was large, but after merging with CJ Logistics in 2018, it shifted to a focus on nonresidential buildings such as logistics centers and offices.
Earlier, CJ Logistics disclosed in Dec. 2017 that it would absorb and merge CJ Construction, and finalized the merger procedures in Mar. the following year. The organizational structure was then reorganized into "CJ Logistics construction institutional sector." The strategy was to strengthen synergies in logistics centers, industrial facilities and offices in connection with the group's logistics business.
Its overall construction capability evaluation ranking is also on the rise. CJ Logistics' construction institutional sector ranked No. 39 in the 2025 construction capability evaluation, up five notches from the previous year. Although it is an affiliate of CJ Group, which ranks in the top 10 of Korea's conglomerates, its presence within the construction industry had been relatively modest; recent selective, profitability-centered bidding is seen as translating into results.
Competitiveness in logistics facilities is also strengthening. The company ranked 10th in the construction capability evaluation for other categories including logistics facilities. Representative projects include the Samjeong-dong, Bucheon logistics center with a total floor area of 71,964㎡ and the Seoun-myeon, Anseong logistics center with a total floor area of 54,986㎡. These are large-scale projects equivalent to about 10 and eight soccer fields, respectively.
The trend of improving performance is continuing. CJ Logistics' construction institutional sector posted first-quarter revenue of 224 billion won this year, up 40.1% from a year earlier. Operating profit was 4.2 billion won, swinging to the black from an operating loss of 200 million won in the same period last year. A company official explained, "Along with the base effect from last year's weak first quarter, our profitability-focused, sound management pursued so far has led to visible results."
On an annual basis last year, revenue was 805.4 billion won and operating profit was 25.1 billion won. The order backlog stands at about 1.4 trillion won. A company official said, "Although the external environment remains challenging, including rising raw material prices, we are securing profitability through a selective order strategy and cost control across all sites," adding, "This year we are targeting revenue, operating profit and order backlog that exceed last year's results."