After a scorching 2020 that saw investment reach a record $13.5 billion in Asia Pacific, the logistics… Read More>>
Korea’s NPS Acquires Melbourne Quarter Tower From Lendlease for $900M
The National Pension Service of South Korea has acquired a 100 percent interest in the 34-storey Melbourne Quarter Tower from Australian developer Lendlease for a reported A$1.2 billion ($900 million).
The largest and last of three office towers in Lendlease’s… Read More>>
Logos and Partners Ink A$1.7B Deal to Acquire Sydney’s Moorebank Logistics Park
A consortium led by Logos Property has moved a step closer to buying Australia’s largest intermodal logistics facility for A$1.67 billion ($1.26 billion) after signing a binding agreement with the owner, logistics operator Qube.
Logos has joined with existing partners… Read More>>
Dentsu Group Set to Sell Tokyo HQ for Up to $3B in Record Office Deal
Advertising giant Dentsu Group has moved a step closer to notching Japan’s largest-ever sale of a single building as the company proceeds with a plan to sell its Tokyo headquarters for as much as $3 billion, Mingtiandi has learned.
The… Read More>>
Warburg Pincus Targets Shanghai, Beijing Redevelopment Deals with $7.7B Platform
After having set up successful China real estate ventures in the logistics, residential and hotel sectors, US private equity giant Warburg Pincus is targeting redevelopment opportunities in the mainland’s largest cities with an urban renewal platform launched this week.
The… Read More>>
Savills IM, TE Capital Pick Up $278M in Japanese Apartments as Multi-Family Deals Rise
Japan remains a hotspot for investors snapping up multi-family assets, as London’s Savills Investment Management and Singapore’s TE Capital each announced deals Wednesday that together total $278 million in Japanese apartment acquisitions.
Savills IM completed $210 million in rental housing… Read More>>
Keppel REIT Bids Farewell to Brisbane Office Tower With $206M Half-Stake Sale
Singapore’s Keppel REIT is parting ways with its earliest Australian asset, a 31-storey Brisbane office building in which it holds a 50 percent interest.
The trust on Thursday announced the divestment of its half-stake in 275 George Street for an… Read More>>
Suntec REIT Buying London Office Block From Ivanhoe Cambridge for $489M
After a pair of Singapore office sales, SGX-listed Suntec REIT has agreed to acquire a London office building for £353 million ($489.4 million), according to an announcement to the Singapore stock exchange.
The ARA Asset Management-controlled vehicle is purchasing The… Read More>>
Logistics Takes Off in Vietnam as E-Commerce Booms: MTD TV Asia Logistics Forum 2021
Vietnam’s fast-growing economy and robust e-commerce sector have made the country fertile ground for logistics development, a Hanoi-based… Read More>>
Princeton Digital to Build 97MW Tokyo-Area Data Centre Campus for $1B
Singapore-based Princeton Digital Group has fired the latest salvo in Asia’s intensifying data centre race, announcing plans to develop a 97-megawatt hyperscale campus near Tokyo at a total investment of $1 billion.
Japan becomes the fifth market for PDG —… Read More>>
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