Mapletree Investments continues its drive to add more warehouse space to Japan’s logistics market, announcing this week that it acquired a 116,319 square metre (1,252,047 square foot) site near the city of Fukuoka for development into two blocks of four-storey… Read More>>
Hines Teams with Carlyle Fund Manager to Buy Guangdong Cold Chain Project
US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.
The property is in Dongguan’s… Read More>>
GIC Expands European Logistics Platform With Last-Mile JV
Singapore’s sovereign wealth fund, GIC, is set to further its reach in European warehousing through a joint venture announced this week that aims to acquire and develop last-mile distribution centres and urban logistics assets in the continent’s gateway cities.
Financial… Read More>>
ESR Readies for $337M Korean REIT IPO in December
After achieving Hong Kong’s third-largest IPO of 2019, logistics giant ESR this month announced plans to raise fresh capital through an initial public offering of a Korean real estate investment trust in December.
The new REIT is being sponsored by… Read More>>
Blackstone Buying $1.1B Guangzhou Logistics Park From R&F
America’s largest landlord has made the biggest-ever purchase of an industrial real estate asset in China, as Blackstone has agreed to acquire a majority stake in a Guangzhou logistics park for $1.1 billion, according to an announcement today.
Blackstone is… Read More>>
LaSalle Rolls Out New Logistics Facilities in Shanghai, Suzhou and Jiaxing
LaSalle Investment Management has beefed up its portfolio with the on-time completion of three multi-level logistics facilities in Shanghai and the surrounding area.
The new Grade A facilities, totalling 194,000 square metres (2.1 million square feet) of logistics space —… Read More>>
ARA Logos Logistics Trust Invests S$404M in Logos’ Aussie Assets
Some 10 months after partnering with Singapore’s ARA Asset Management, Sydney-based Logos Property has achieved one of the major goals of that link-up with a S$404.4 million ($300 million) transaction announced today.
In a two-part deal, ARA Logos Logistics Trust… Read More>>
GLP Launches Vietnam JV with Trio of Warehouse Projects
Asia’s largest warehouse builder has become the latest industrial player to bet on Vietnam as GLP today announced its acquisition of a trio of projects in the Southeast Asian nation.
In a statement together with SEA Logistic Partners, a Ho… Read More>>
Nuveen Real Estate Acquires Seoul-Area Logistics Facility for $122M
Nuveen Real Estate continued its focus on northern Asia this week as the Chicago-based fund manager announced the $122 million (KRW 145 billion) acquisition of a last-mile logistics facility near Seoul.
The purchase of the 84,300 square metre ( 907,397… Read More>>
Logos Acquires First Vietnam Project for $350M Logistics JV
Just two months after establishing a joint venture to expand its Asia Pacific logistics network into Vietnam, Logos Property has acquired its first site in the fast-growing Southeast Asian nation, according to an announcement today.
The Sydney-based warehouse specialist has… Read More>>
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