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Stuart Gibson, ESR Group Co-founder and Co-CEO

ESR Raises Fresh Capital to Expand Greater Tokyo Project to $2.5B in Value

Stuart Gibson, ESR Group Co-founder and Co-CEO

2023/11/08 by Michael Cole Leave a Comment

Asia Pacific industrial giant ESR is set to develop a 306,000 square metre (3.3 million square foot) logistics project in Greater Tokyo after raising fresh capital for its JPY 150 billion ($1.35 billion) ESR Japan Logistics Fund III (RJLF3), according… Read More>>

Asia Pacific industrial giant ESR is set to develop a 306,000 square metre (3.3 million square foot) logistics project … Read more>>>

Andy Lim of JL Family Office

Singapore’s JL Family Office Buying Melbourne Shed for First Aussie Acquisition

Andy Lim of JL Family Office

2023/10/29 by Michael Cole Leave a Comment

The Land Managers is making its first direct purchase in Australia after the real estate investment division of Singapore’s JL Family Office teaming up with unidentified co-investors to acquire a Melbourne logistics facility for A$26.5 million ($16.8 million), the company… Read More>>

The Land Managers is making its first direct purchase in Australia after the real estate investment division of … Read more>>>

Ng Kiat Mapletree (1)

Mapletree Logistics Trust Achieves DPU Uptick After Expanding Portfolio

Ng Kiat Mapletree (1)

2023/10/25 by Poonyapat Luenam Leave a Comment

Mapletree Logistics Trust (MLT) increased distributions per unit (DPU) in the third quarter compared to year-earlier levels as the Singapore-listed REIT overcame currency fluctuations and higher interest rates after expanding its portfolio through an acquisition from CBRE Investment Management earlier… Read More>>

Mapletree Logistics Trust (MLT) increased distributions per unit (DPU) in the third quarter compared to year-earlier … Read more>>>

Frank Ng Tze Wei of EZA Hill

China’s JD Revealed as Partner in Hillhouse $255M Singapore Industrial Buy 

Frank Ng Tze Wei of EZA Hill

2023/10/22 by Beatrice Laforga Leave a Comment

China’s JD Property has teamed up with a start-up real estate investment firm backed by Hillhouse Capital with the partners having set up an operating platform in Singapore after acquiring five logistic properties in the city-state, according to an announcement… Read More>>

China’s JD Property has teamed up with a start-up real estate investment firm backed by Hillhouse Capital with the … Read more>>>

Teresa Zhuge of GLP

GLP Capital Partners Closes on $240M for China Value-Add Fund

Teresa Zhuge of GLP

2023/10/09 by Michael Cole Leave a Comment

GLP Capital Partners said on Monday that it has raised RMB 1.75 billion ($240 million) in fresh capital for a China value-add strategy, marking its second major closing for a mainland investment vehicle this year.

The fund management division of… Read More>>

GLP Capital Partners said on Monday that it has raised RMB 1.75 billion ($240 million) in fresh capital for a China … Read more>>>

Joe Tsai - Alibaba

Alibaba Files for Potential $2B Hong Kong IPO of Cainiao Logistics Division

Joe Tsai - Alibaba

2023/09/27 by Michael Cole Leave a Comment

Alibaba has filed for an initial public offering of shares in its Cainiao logistics unit on the Hong Kong exchange, a filing late Tuesday shows, after the company had announced plans for the listing in May.

Financial details of the… Read More>>

Alibaba has filed for an initial public offering of shares in its Cainiao logistics unit on the Hong Kong exchange, a … Read more>>>

Phil Pearce of ESR

ESR Adds Logistics Site Near Western Sydney Airport Project for $45M

Phil Pearce of ESR

2023/09/25 by Michael Cole Leave a Comment

Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western Sydney airport for A$70 million ($45 million).

With 4.1 million square metres (44 million square feet) of warehouse space already developed… Read More>>

Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western … Read more>>>

Logos co-CEO Trent Iliffe

Logos Breaks Ground on $147M Build-to-Suit Singapore Shed

Logos co-CEO Trent Iliffe

2023/09/20 by Christopher Caillavet Leave a Comment

Industrial specialist Logos has begun construction of a Singapore warehouse for global logistics operator DSV, with the partners investing a total of S$200 million ($147 million) in the built-to-suit project.

Spanning 720,000 square feet (66,890 square metres) in the city-state’s… Read More>>

Industrial specialist Logos has begun construction of a Singapore warehouse for global logistics operator DSV, with the … Read more>>>

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>>>

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