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CapitaLand Investment Expands Core-Plus Fund into Korea with $83M Logistics Buy

2023/09/18 by Beatrice Laforga Leave a Comment

Singapore-listed CapitaLand Investment (CLI) has acquired a newly built logistics facility near Seoul, South Korea for S$112 million ($82.5 million), making its first buy in Korea and the initial industrial deal on behalf of its flagship regional core-plus fund.

CLI’s… Read More>>

Singapore-listed CapitaLand Investment (CLI) has acquired a newly built logistics facility near Seoul, South Korea for … Read more>>>

Storage Plus Japan

Warburg Pincus’ Storhub Acquires Japanese Self-Storage Firm in Second Buyout in One Month

Storage Plus Japan

2023/09/11 by Michael Cole Leave a Comment

Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity firm’s Storhub self-storage takes over a Japanese rival.

Singapore-based Storhub has now completed its acquisition of Storage Plus Corp, which has… Read More>>

Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity … Read more>>>

Sung Park Logos

Logos Buys Newly Built Warehouse as Company’s Second Asset in South Korea

Sung Park Logos

2023/09/05 by Christopher Caillavet Leave a Comment

Logos has acquired a newly built logistics facility in Greater Seoul for an undisclosed price, adding a second asset to the industrial specialist’s portfolio in South Korea.

Known as Logos Yeoju Logistics Center, the fully dry warehouse is located along… Read More>>

Logos has acquired a newly built logistics facility in Greater Seoul for an undisclosed price, adding a second asset to … Read more>>>

Ng Kiat Mapletree (1)

Singapore-Listed Mapletree Logistics Trust Selling Japan Warehouse For $69M 

Ng Kiat Mapletree (1)

2023/09/04 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust (MLT) is divesting a warehouse in Japan’s Ibaraki prefecture for JPY 10.03 billion ($69 million) as the Singapore-listed REIT continues to let go of non-core properties following its S$914 million acquisition of a regional logistics portfolio from… Read More>>

Mapletree Logistics Trust (MLT) is divesting a warehouse in Japan’s Ibaraki prefecture for JPY 10.03 billion ($69 … Read more>>>

Anand Iyer MSREI

Morgan Stanley Invests in Mumbai Warehouse Project With Prakhhyat Group

Anand Iyer MSREI

2023/08/29 by Christopher Caillavet Leave a Comment

A fund managed by Morgan Stanley Real Estate Investing has partnered with Indian industrial builder Prakhhyat Group to develop a logistics project in Bhiwandi, near Mumbai.

The warehouse will span 700,000 square feet (65,032 square metres) at Prakhhyat Group’s K… Read More>>

A fund managed by Morgan Stanley Real Estate Investing has partnered with Indian industrial builder Prakhhyat Group to … Read more>>>

Jeffrey Shen ESR

ESR Taps China Insurer to Launch RMB Income Fund With $1.4B Investment Capacity

Jeffrey Shen ESR

2023/08/22 by Christopher Caillavet Leave a Comment

ESR has established its largest-ever onshore income fund in China, launching with a total investment capacity of RMB 10 billion ($1.4 billion).

The Hong Kong-listed industrial giant is partnering with one of China’s leading insurance firms on the fund, which… Read More>>

ESR has established its largest-ever onshore income fund in China, launching with a total investment capacity of RMB 10 … Read more>>>

Jeffrey Shen ESR

ESR Selling 30% Stake in Hong Kong Cold Chain Project to Mainland Investor

Jeffrey Shen ESR

2023/08/21 by Christopher Caillavet Leave a Comment

ESR has agreed to sell a 30 percent stake in its Kwai Chung Cold Storage Logistics Centre project in Hong Kong to an unnamed “strategic investor” from mainland China.

With the transaction, ESR will reduce its own stake in the… Read More>>

ESR has agreed to sell a 30 percent stake in its Kwai Chung Cold Storage Logistics Centre project in Hong Kong to an … Read more>>>

ESR Kawanishi

ESR Breaks Ground on Osaka Logistics Park Touted as Largest in Japan

ESR Kawanishi

2023/08/19 by Christopher Caillavet Leave a Comment

Industrial giant ESR has begun construction of a warehouse complex northwest of Osaka, billing the project as Japan’s largest-ever logistics park with a planned gross floor area of 750,000 square metres (8 million square feet).

Located 30 minutes from Osaka… Read More>>

Industrial giant ESR has begun construction of a warehouse complex northwest of Osaka, billing the project as Japan’s … Read more>>>

Peter Chun Unisuper

Korea’s NPS Sells 50% Stake in Dexus Aussie Shed Portfolio to UniSuper for $338M

Peter Chun Unisuper

2023/07/27 by Christopher Caillavet Leave a Comment

South Korea’s National Pension Service has sold its 50 percent stake in an industrial property portfolio of 20 assets in Sydney and Melbourne to Australian pension fund UniSuper for more than A$500 million ($338 million).

The portfolio of Dexus-developed properties,… Read More>>

South Korea’s National Pension Service has sold its 50 percent stake in an industrial property portfolio of 20 assets in … Read more>>>

Mapletree Chikushino Logistics Centre Phase 1

Mapletree Expands Japan Logistics Portfolio into Kyushu with Fukuoka Warehouse

Mapletree Chikushino Logistics Centre Phase 1

2023/07/13 by Christopher Caillavet Leave a Comment

Singapore’s Mapletree Investments has made its first foray into the logistics market of Japan’s third-largest island of Kyushu with the development of a warehouse near Fukuoka.

The first phase of Mapletree Chikushino Logistics Centre is nearing completion this month and… Read More>>

Singapore’s Mapletree Investments has made its first foray into the logistics market of Japan’s third-largest island of … Read more>>>

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