GLP on Wednesday announced the final closing of its flagship Japan logistics development strategy with JPY 412 billion ($3.7 billion) in total commitments, putting an exclamation point on what was already the largest-ever private fund targeting real estate in the… Read More>>
US developer and investment firm Hines has made its first acquisition in the Singapore market, teaming up with German fund manager DWS Group to buy a ramp-up workshop in the Bukit Batok area from a Blackstone-controlled trust for S$93.8 million… Read More>>
Hines continues to bet on refrigerated storage as it expands its industrial holdings in Asia Pacific, with the US developer this week announcing a new logistics centre in South Korea as its third cold chain project in the region.
The… Read More>>
Blackstone has reprised one of its favourite investment themes with the acquisition of a European logistics portfolio from Australia’s Macquarie Capital Principal Finance and Singapore-based Elite Partners Capital for €520 million ($586 million).
The US private equity titan picked up… Read More>>
Having grown its portfolio by 50 percent since its $650 million IPO last December, ESR Kendall Square REIT, South Korea’s first publicly-listed logistics trust, has sold 100 percent of a $400 million follow-on equity offering.
The fresh capital raise marks… Read More>>
Six months after closing on $850 million for its latest Asia Pacific opportunistic real estate fund, Macquarie Asset Management is returning to Asia’s logistics market through a partnership with Tokyo-based developer Unified Industrial, according to a statement this week by… Read More>>
Just months after selling Australia’s biggest logistics portfolio of the year, Blackstone is stocking up on more warehouses Down Under with the acquisition of a nearly-half share in a joint venture holding 77 properties in the country’s major cities.
Blackstone… Read More>>
SC Capital Partners has added to its Australian portfolio with the purchase of an industrial site between Brisbane and the Gold Coast for A$23.2 million ($16.6 million) on behalf of its Asia opportunistic fund.
Located in Stapylton within Queensland’s Yatala… Read More>>
Blackstone has agreed to acquire the remaining 30 percent interest it does not already own in a Guangzhou logistics park for RMB 3.4 billion ($540 million), signalling faith in the mainland market after regulators blocked the private equity giant’s buyout… Read More>>
Singapore’s Mapletree Investments on Wednesday announced the $1.4 billion closing of a new US-focused private logistics fund seeded with 155 properties across 19 states.
The fully-invested Mapletree US Logistics Private Trust has a net asset value of $3.3 billion after… Read More>>