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Teresa Zhuge GLP

GLP Capital Partners Hits $360M Final Closing for 8th China Income Fund

Teresa Zhuge GLP

2023/07/06 by Christopher Caillavet Leave a Comment

GLP Capital Partners has reached the final closing of the eighth edition of its China onshore income fund series, amassing equity commitments of RMB 2.6 billion ($360 million).

The capital for the long-term vehicle was raised from a group of… Read More>>

GLP Capital Partners has reached the final closing of the eighth edition of its China onshore income fund series, … Read more>>>

Zhang Lei (Getty Images)

Hillhouse Identified as Buyer of $232M ESR-Logos REIT Singapore Portfolio

Zhang Lei (Getty Images)

2023/07/04 by Beatrice Laforga Leave a Comment

Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese private equity major as the buyer of a set of five industrial facilities in the city-state sold by ESR-Logos REIT last… Read More>>

Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese … Read more>>>

Jonathan Callaghan

Value Partners Buying $30M Half-Stake in Italian Logistics Portfolio From Cromwell

Jonathan Callaghan

2023/07/03 by Christopher Caillavet Leave a Comment

Australia’s Cromwell Property Group has agreed to a joint venture with Value Partners Group that will see the Hong Kong-based asset manager acquire a 50 percent stake in Cromwell’s portfolio of seven logistics assets in northern Italy.

The sale is… Read More>>

Australia’s Cromwell Property Group has agreed to a joint venture with Value Partners Group that will see the Hong … Read more>>>

Yoshiyuki Chosa of GLP

GLP Japan Development Fund Picks Up Suburban Tokyo Plot for Next Alfalink Megaproject

Yoshiyuki Chosa of GLP

2023/06/26 by Christopher Caillavet Leave a Comment

GLP’s Japan Development Partners IV fund has acquired a plot in a western suburb of Tokyo for the latest super-sized logistics facility in the industrial specialist’s Alfalink series.

At 350,000 square metres (over 3.7 million square feet), the land buy… Read More>>

GLP’s Japan Development Partners IV fund has acquired a plot in a western suburb of Tokyo for the latest super-sized … Read more>>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Offloads Seven Singapore, Australia Industrial Assets for $250M 

ESR-Logos REIT chief executive Adrian Chui

2023/06/25 by Beatrice Laforga Leave a Comment

ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined S$337 million ($250 million), allowing the SGX-listed trust to reduce its debt and lower gearing.

The REIT’s manager said on Friday that… Read More>>

ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined … Read more>>>

Phil Pearce of ESR

ESR-GIC JV Buys Sydney Industrial Plant to Develop $301M Logistics Project

Phil Pearce of ESR

2023/06/22 by Beatrice Laforga Leave a Comment

ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, with the partners planning to invest at least A$443 million ($301 million) to develop a multi-storey logistics facility on the… Read More>>

ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, … Read more>>>

Bonny Setiawan

NWP-Backed Indonesia Logistics Platform Breaks Ground on Pair of Projects

Bonny Setiawan

2023/06/21 by Christopher Caillavet Leave a Comment

Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has broken ground on two logistics projects with a planned 165,000 square metres (1.8 million square feet) of net leasable area.

The pair of projects — a… Read More>>

Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has … Read more>>>

Jeffrey Shen of ESR

ESR Completes Chengdu Industrial Park as Group’s First Purpose-Built Cold Chain Facility

Jeffrey Shen of ESR

2023/06/20 by Christopher Caillavet Leave a Comment

ESR has finished construction of its first purpose-built cold storage facility at the ESR Chengdu Qingbaijiang Cold Chain Industrial Park in China’s Sichuan province.

Completed in early 2023, the park comprises single- and multiple-storey cold storage facilities with a total… Read More>>

ESR has finished construction of its first purpose-built cold storage facility at the ESR Chengdu Qingbaijiang Cold … Read more>>>

Trent Winduss, Partner, Head of Australia Investments, Head of Asia Structured Debt Investments, Phoenix Property Investors

Phoenix Expands Aussie Bets With $126M Lendlease Industrial JV in Sydney

Trent Winduss, Partner, Head of Australia Investments, Head of Asia Structured Debt Investments, Phoenix Property Investors

2023/06/15 by Beatrice Laforga Leave a Comment

Phoenix Property Investors is adding sheds to its growing footprint in Australia’s property industry as the Hong Kong-based shop unveils plans to develop a 30-hectare (74-acre) industrial and logistics park in Sydney with blue-chip local builder Lendlease.

The partners on… Read More>>

Phoenix Property Investors is adding sheds to its growing footprint in Australia’s property industry as the Hong … Read more>>>

Icheon LP 1

ESR Kendall Square REIT Sells Greater Seoul Warehouse to Koramco for $63M

Icheon LP 1

2023/06/14 by Beatrice Laforga Leave a Comment

ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 million) as the REIT makes space in its portfolio for a pair of newly built facilities.

The Korea-listed REIT announced… Read More>>

ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 … Read more>>>

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