The major shareholders of Global Logistic Properties chose a quick and tidy $11.6 billion sale of Asia’s largest warehouse developer following months of controversy, with GLP announcing on Friday a proposed acquisition of the company by a group led by… Read More>>
ESR Unveils 178,000 SQM Japanese Warehouse – With a Lounge
International logistics developer e-Shang Redwood is boosting its platform in Japan with the completion of a new 178,000 square metre logistics facility in the Osaka area, its 17th project in the country, just a week after the company achieved LEED… Read More>>
GLP CEO’s VC Firm Took Stakes in 4 China Startups Ahead of GLP Deals
Global Logistic Properties made what looks like a strategic investment in the world of logistics tech this February when news reports revealed that the warehouse developer was joining with a private equity affiliate of China Development Bank to invest $45… Read More>>
GLP Halts Trading Amid Allegations of a Botched $9.9B Sale Process
After a seven month sales process, Global Logistic Properties faces the prospect of having only a single suitor for Asia’s largest warehouse developer as a June 30th deadline for bids approaches.
Over the course of a effort that began even… Read More>>
Does Fang Fenglei’s Hopu Have the Inside Track for GLP?
After a six month pursuit of Global Logistic Properties, the list of potential bidders for the region’s leading warehouse developer is down to two entrants with formal bids due on June 30th.
Blackstone Group, which earlier this month brought in… Read More>>
Ascendas-Singbridge Launches $500M India Logistics JV
Ascendas-Singbridge has become the latest international real estate investor to bet on India’s industrial real estate sector after the Singaporean developer announced a joint venture with Bangalore-based industrial specialists Firstspace Realty.
The new joint venture, Ascendas-Singbridge, hopes to close its… Read More>>
Blackstone Confirms $13.8B Sale of European Logistics Platform to CIC
Ending days of speculation and months of negotiations, Blackstone Group on Friday confirmed an agreement to sell its Logicor European logistics platform to China Investment Corporation (CIC) for €12.25 billion ($13.82 billion).
The sale by a set of funds controlled… Read More>>
CIC Said Buying Logicor From Blackstone for $13.4B
China Investment Corporation (CIC) is poised to acquire Blackstone’s European logistics platform for over 12 billion euros ($13.4 billion), UK property news website The Estates Gazette reported on Monday.
The mainland sovereign wealth fund has reportedly moved ahead of rivals… Read More>>
CPPIB Commits $500M to India Logistics JV With IndoSpace
The Canada Pension Plan Investment Board (CPPIB) is investing $500 million into a logistics real estate joint venture in India in the Canadian fund manager’s latest commitment to the subcontinent.
CPPIB is investing the funds as an initial commitment to… Read More>>
Yunda Express Signs Up for 16,700 SQM at Goodman Changzhou Project
Australia-based Goodman Group has secured a 16,700 square metre lease with top-five mainland courier firm Yunda Express at its Goodman Changzhou Logistics Centre in Jiangsu province, according to an announcement by the industrial real estate specialist.
The Goodman Changzhou Logistics… Read More>>
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