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David Aboud Logos

Logos, Sime Darby Confirm Indonesia’s J&T as First Tenant for Malaysia Logistics Park

David Aboud Logos

2023/05/08 by Christopher Caillavet Leave a Comment

Industrial specialist Logos and Sime Darby Property have secured a deal with a regional express delivery provider to lease more than a fifth of the space in the pair’s maiden project in Malaysia.

J&T Distribution Solutions, which operates in Southeast… Read More>>

Industrial specialist Logos and Sime Darby Property have secured a deal with a regional express delivery provider to … Read more>>>

Corona Logistics Center

GLP Capital Partners Buys California Warehouse Complex for $324M

Corona Logistics Center

2023/05/04 by Michael Cole Leave a Comment

GLP Capital Partners is adding to its US portfolio with the record-breaking purchase of a five-building warehouse project in southern California for $324 million.

Property consultancy Colliers, had announced Kearny Real Estate’s sale of the recently completed 730,000 square foot… Read More>>

GLP Capital Partners is adding to its US portfolio with the record-breaking purchase of a five-building warehouse … Read more>>>

Ng Kiat Mapletree (1)

Mapletree Logistics Trust Sees Higher Borrowing Costs Dent Returns

Ng Kiat Mapletree (1)

2023/05/02 by Beatrice Laforga Leave a Comment

Despite expanding its portfolio by two properties in its most recent fiscal year and collecting nearly 8 percent more rent, Mapletree Logistics Trust (MLT) saw its income distributable to unitholders edge up by just 1.1 percent in the first quarter,… Read More>>

Despite expanding its portfolio by two properties in its most recent fiscal year and collecting nearly 8 percent more … Read more>>>

Daisuke Kitta - Blackstone Japan 2

Blackstone Selling Six Japan Warehouses to GIC for $800M

Daisuke Kitta - Blackstone Japan 2

2023/04/30 by Christopher Caillavet Leave a Comment

Blackstone on Friday announced the sale of a portfolio of six warehouses in Japan to Singapore sovereign fund GIC for more than $800 million, as the private equity giant continues to shed assets after reporting a steep decline in real… Read More>>

Blackstone on Friday announced the sale of a portfolio of six warehouses in Japan to Singapore sovereign fund GIC for … Read more>>>

Yoshiyuki Chosa of GLP

GLP Breaks Ground on Two Cold Storage Warehouses Near Japan’s Kobe Port

Yoshiyuki Chosa of GLP

2023/04/25 by Christopher Caillavet Leave a Comment

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a total floor area of 55,000 square metres (592,015 square feet).

GLP Kobe Sumiyoshihama and GLP Rokko V are near the port… Read More>>

GLP on Tuesday announced the start of construction on two fully refrigerated cold storage warehouses in Japan with a … Read more>>>

Sun Dongping New Ease D&J

China’s DNE Group Signs Deal for $2B Mainland Logistics Venture

Sun Dongping New Ease D&J

2023/04/13 by Ming Gao Leave a Comment

Shanghai-based developer and fund manager DNE Group is ready to invest another RMB 14 billion ($2 billion) in China’s shed market after signing an agreement with an unnamed global institution, the company said on Thursday.

Helmed by ESR co-founder Sun… Read More>>

Shanghai-based developer and fund manager DNE Group is ready to invest another RMB 14 billion ($2 billion) in China’s … Read more>>>

26 Chin Bee Drive Singapore

ARA-Kenedix JV Buys Iron Mountain Warehouse in Singapore’s Jurong West For $35M

26 Chin Bee Drive Singapore

2023/04/11 by Beatrice Laforga Leave a Comment

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up with its Japanese joint venture, Kenedix, for a second time last month to acquire an industrial building in the city-state’s Jurong West… Read More>>

After starting March with an investment in Singapore’s Lazada One office building, ESR’s ARA Asset Management teamed up … Read more>>>

Kevin Chan, Chairman of Storefriendly

Blackstone-Backed Storefriendly Launches Two Hong Kong Self-Storage Locations

Kevin Chan, Chairman of Storefriendly

2023/04/02 by Christopher Caillavet Leave a Comment

Storefriendly, the Asia self-storage operator backed by investment giant Blackstone, introduced its two latest locations this past week at redeveloped properties on Hong Kong Island and in the New Territories.

Storefriendly Tower Island East, completed last October, held a grand… Read More>>

Storefriendly, the Asia self-storage operator backed by investment giant Blackstone, introduced its two latest locations … Read more>>>

JD.com chairman Richard Liu

JD.com Files for Hong Kong IPO of Property, Industrial Services Units

JD.com chairman Richard Liu

2023/03/31 by Christopher Caillavet Leave a Comment

JD.com on Thursday filed applications for two initial public offerings in Hong Kong, as the Chinese e-commerce giant looks to spin off (but keep control of) its property and industrial services subsidiaries.

The group led by founder and chairman Richard… Read More>>

JD.com on Thursday filed applications for two initial public offerings in Hong Kong, as the Chinese e-commerce giant … Read more>>>

Ng Kiat Mapletree (1)

Mapletree Logistics Trust Buying APAC Portfolio From CBRE IM for $687M

Ng Kiat Mapletree (1)

2023/03/30 by Christopher Caillavet Leave a Comment

SGX-listed Mapletree Logistics Trust has agreed to buy a portfolio of properties in Japan, South Korea and Australia from affiliates of CBRE Investment Management for S$913.6 million ($687 million).

The freehold properties consist of four logistics assets in Greater Tokyo… Read More>>

SGX-listed Mapletree Logistics Trust has agreed to buy a portfolio of properties in Japan, South Korea and Australia … Read more>>>

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