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Christopher Caillavet

Ng Kiat Mapletree

Mapletree Logistics Trust Adding Five Greater Seoul Sheds for $250M

2021/02/17 by Christopher Caillavet Leave a Comment

Singapore-listed Mapletree Logistics Trust on Monday announced an agreement to acquire five warehouse assets in South Korea for KRW 280 billion ($250 million), strengthening MLT’s foothold in Asia Pacific’s third-largest e-commerce market.

Situated in the Yongin-Icheon logistics cluster in the… Read More>>

Sanjeev Dasgupta - CEO of Ascendas India Trust

Ascendas India Trust Buying Amazon-Leased Hyderabad Offices for $70M

2021/02/16 by Christopher Caillavet Leave a Comment

Ascendas India Trust on Tuesday announced that it has agreed to purchase an office building in Hyderabad, India leased almost entirely to online giant Amazon as the CapitaLand-managed REIT continues to build its tech space portfolio on the subcontinent.

The… Read More>>

Savills IM, Alistair Ennever

Savills IM Paying $79M to Add Polish Warehouse to Vestas Logistics Fund

2021/02/16 by Christopher Caillavet Leave a Comment

Savills Investment Management on Monday said it had exchanged contracts to acquire a logistics property in Poland for a Korean-backed fund at a price of €65.5 million ($79.6 million).

The transaction is Savills IM’s second on behalf of Vestas European… Read More>>

Stuart Crow JLL

Japan Deals Jumped 37% as North Asia Led Q4 2020 Investment Rebound

2021/02/15 by Christopher Caillavet Leave a Comment

North Asia proved to be the most resilient slice of the Asia Pacific region in the fourth quarter of 2020 as Japan, China and South Korea recorded a jump in real estate transactions, according to research by JLL.

Drawing on… Read More>>

todd-olson-2018-

Sydney and Singapore Join World’s Top 10 Data Centre Markets

2021/02/15 by Christopher Caillavet Leave a Comment

Sydney and Singapore rank among the world’s premier data centre markets, claiming the third and fifth spots in a top 10 dominated by US cities, according to research by Cushman & Wakefield.

For its study, the property consultancy evaluated 1,189… Read More>>

Anthea Lee Keppel

Keppel DC REIT Installs New CEO After Distributions Grew 20% in 2020

2021/02/15 by Christopher Caillavet Leave a Comment

The board of Singapore’s top-performing REIT on Monday announced the formal appointment of Anthea Lee as chief executive, effective immediately, after receiving the required regulatory approval.

Lee assumes the top job at Keppel DC REIT after serving as deputy CEO… Read More>>

Lendlease's new CEO

Lendlease Taps Asia Head Tony Lombardo to Succeed Group CEO Steve McCann

2021/02/13 by Christopher Caillavet Leave a Comment

Australian real estate group Lendlease is looking to Asia for its future, as the ASX-listed firm on Thursday announced that Tony Lombardo would become its new group chief executive from 31 May.

Lombardo, who is currently based in Singapore as… Read More>>

Brendan_Wallace

Fifth Wall Launches First Proptech SPAC With $345M IPO

2021/02/13 by Christopher Caillavet Leave a Comment

Proptech investment firm Fifth Wall this past week celebrated the closing of the $345 million IPO for the venture capital firm’s first special purpose acquisition company (SPAC), the built-world-oriented Fifth Wall Acquisition Corp I.

Trading on the NASDAQ exchange under… Read More>>

GIC Pays Brookfield $170M for 25% Stake in Perth Office Project

2021/02/10 by Christopher Caillavet Leave a Comment

GIC has signalled its continued interest in Australia with the purchase of a quarter stake in Chevron’s under-construction headquarters building in Perth from asset management firm Brookfield.

The Singaporean sovereign wealth fund agreed to pay A$220 million ($170.3 million) for… Read More>>

ho ching temasek

Temasek Appoints Dilhan Pillay as CEO, Succeeding PM’s Wife

2021/02/10 by Christopher Caillavet Leave a Comment

Temasek Holdings on Tuesday announced that Dilhan Pillay will succeed Ho Ching as chief executive of the Singaporean state-backed firm, while also taking over her seat as an executive director on the board.

Pillay, who is keeping his title as… Read More>>

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