Asia real estate and outbound investment news
Allianz is contributing half of the equity for an initial $225 million capitalisation of a joint venture with Asian warehouse development specialist ESR to acquire logistics facilities in India, according to an announcement by the German insurer on Friday.
The… Read More>>
Allianz has acquired a 50 percent stake in a portfolio of mainland China logistics assets according to a statement from the company last week, as the German insurer continues to expand its holdings in the country.
The deal was executed… Read More>>
Canadian pension fund managers CPPIB and QuadReal, together with warehouse developer Global Logistic Properties, have established a €2 billion ($2.29 billion) venture to invest in European logistics facilities, the three companies revealed in a joint announcement today.
Together the partners… Read More>>
Warburg Pincus-backed ESR has clinched a deal to buy out Sydney-based real estate investment manager Propertylink in a deal that values the Australian company at A$723.4 million ($522.51 million), according to an announcement by Propertylink to the Australian stock exchange.
The manager of Singapore-listed Mapletree Logistics Trust has agreed to spend A$105.0 million ($74.5 million) to add a distribution centre in Brisbane, Australia to the trust’s existing portfolio of logistics facilities, according to an announcement by the company to the… Read More>>
Singapore-based Ascendas Funds Management announced on Friday that it has agreed to acquire 26 logistics properties in the UK for Ascendas REIT from Griffin UK Logistics Fund Limited (GULF) for GBP 257.46 million ($335.4 million).
The deal follows the REIT’s… Read More>>
Singapore’s GLP jointly announced a long-term partnership with India’s largest industrial real estate company, IndoSpace, on Monday, September 24th.
GLP will partner with IndoSpace across fund management as well as developing and operating logistics assets. It will also co-invest in… Read More>>
Warburg Pincus-backed ESR has made a $505 million all-cash offer for Sydney-based real estate investment manager Propertylink, according to an announcement to the Australian stock exchange late last week.
The Pan-Asian warehouse investment platform’s Australian arm, is offering A$1.15 per… Read More>>
Warburg Pincus has invested $400 million into NewEase, a recently-established logistics real estate venture focused on improving shipments through China’s airports and urban hubs, according to a company spokesperson.
The investment represents the US private equity firm’s latest bet on… Read More>>
Global Logistic Properties is teaming up with its former owner GIC to create a $2 billion value-add fund for acquiring logistics properties in mainland China, the company announced on Tuesday.
This is GIC’s first investment with Asia’s largest warehouse operator… Read More>>
