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Hari Krishna of CPPIB

GLP-Backed IndoSpace Gets $205M Boost From CPPIB for Fourth Development Fund

Hari Krishna of CPPIB

2023/01/30 by Christopher Caillavet Leave a Comment

Indian logistics developer IndoSpace has reached a first closing of its fourth development fund on the strength of a $205 million anchor investment from a longtime ally, the Canada Pension Plan Investment Board.

IndoSpace Logistics Parks IV is targeting $600… Read More>>

Indian logistics developer IndoSpace has reached a first closing of its fourth development fund on the strength of a … Read more>>>

LF Kazo C&W

Cushman & Wakefield Buys Site for Greater Tokyo Warehouse

LF Kazo C&W

2023/01/25 by Christopher Caillavet Leave a Comment

Cushman & Wakefield’s Japan-based asset management arm has acquired a development site for a warehouse in the northern reaches of Greater Tokyo, marking the latest addition to the firm’s pipeline of six planned logistics projects in Asia’s second-largest economy.

The… Read More>>

Cushman & Wakefield’s Japan-based asset management arm has acquired a development site for a warehouse in the … Read more>>>

Richard van Den Berg

M&G Takes Majority Ownership of ESR Greater Tokyo Warehouse for $267M

Richard van Den Berg

2023/01/19 by Beatrice Laforga Leave a Comment

M&G Real Estate Asia has acquired an additional one-third interest in an ESR Greater Tokyo distribution centre for JPY 34 billion ($267 million), giving the Asian division of the British asset manager a majority stake in one of ESR’s largest… Read More>>

M&G Real Estate Asia has acquired an additional one-third interest in an ESR Greater Tokyo distribution centre for … Read more>>>

Stuart Gibson of ESR

ESR Invests $208M in Vietnam’s BW Industrial as SE Asia Expansion Continues

Stuart Gibson of ESR

2023/01/12 by Michael Cole Leave a Comment

Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as part of a funding round which could raise up to $450 million for the Ho Chi Minh City-based… Read More>>

Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as … Read more>>>

Sandeep Bagla Prakhhyat tb

Mirae Fund Buys Warehouse From Prakhhyat Group to Enter India Logistics Market

Sandeep Bagla Prakhhyat tb

2023/01/08 by Beatrice Laforga Leave a Comment

The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group for INR 1.3 billion ($16 million), as the Korean asset manager looks for returns in the subcontinent’s real estate sector, according… Read More>>

The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group … Read more>>>

Christina Tan Keppel

Keppel Teams With BLOGIS to Acquire First Asset for China Logistics Fund

Christina Tan Keppel

2023/01/04 by Christopher Caillavet Leave a Comment

Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for Keppel’s China logistics fund.

The warehouse in Dongxihu district of Wuhan is the first of a planned series of joint investments by the fund… Read More>>

Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for … Read more>>>

Ng Kiat MLT

Singapore’s Mapletree Logistics Trust Sells Changi Shed at 39% Premium

Ng Kiat MLT

2022/12/29 by Beatrice Laforga Leave a Comment

Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local furniture retailer for S$22 million ($16.34 million), freeing up cash to invest in fresh assets, according to a bourse filing late Tuesday.

The trust’s… Read More>>

Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local … Read more>>>

ESR Jeffrey Shen

ESR Completes Wenzhou Ruian Logistics Park in Eastern China’s Zhejiang Province

ESR Jeffrey Shen

2022/12/23 by Christopher Caillavet Leave a Comment

ESR on Friday announced the completion of a warehouse complex in the eastern Chinese city of Wenzhou to serve industrial manufacturing and logistics storage clients.

Located in the Wenzhou Ruian Economic Development Zone in Zhejiang province, ESR Wenzhou Ruian Logistics… Read More>>

ESR on Friday announced the completion of a warehouse complex in the eastern Chinese city of Wenzhou to serve industrial … Read more>>>

Yosuke Fujioka, Managing Director, Head of Investments & Fund Management, GLP Japan

GLP’s Japan REIT Chalks Up $30M Greater Tokyo Warehouse Sale

Yosuke Fujioka, Managing Director, Head of Investments & Fund Management, GLP Japan

2022/12/20 by Greg Isaacson Leave a Comment

GLP’s Japan-focused REIT has sold a fully occupied warehouse northwest of Tokyo at a price 25 percent higher than the asset’s appraised value, as investors seeking stable cash flow and low-risk returns continue to bet on Japan’s logistics sector.

Located… Read More>>

GLP’s Japan-focused REIT has sold a fully occupied warehouse northwest of Tokyo at a price 25 percent higher than the … Read more>>>

Patricia Goh Capitaland

CapitaLand, ALP Set Up $740M SE Asia Logistics Fund With Thailand’s Pruksa

Patricia Goh Capitaland

2022/12/19 by Christopher Caillavet Leave a Comment

Singapore’s CapitaLand Investment and Taiwan-based Ally Logistic Property have joined forces with Thai developer Pruksa Holding to establish a Southeast Asia warehouse fund with a target size of S$1 billion ($740 million) in assets under management.

The three partners have… Read More>>

Singapore’s CapitaLand Investment and Taiwan-based Ally Logistic Property have joined forces with Thai developer Pruksa … Read more>>>

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