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Chang Rui Hua ESR

ESR Wins Logistics Site in Hong Kong’s Kwai Chung With $668M Bid

Chang Rui Hua ESR

2022/07/21 by Pawara Laothamatas Leave a Comment

ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics site at the city’s Kwai Chung container port for nearly HK$5.26 billion ($668.7 million), according to an announcement made late… Read More>>

ESR has acquired its second project ever in Hong Kong, having shouldered aside two competing bids to secure a logistics … Read more>>>

Phile Pearce ESR

GIC-Backed ESR Fund Acquires Five Melbourne Industrial Properties for $73.5M

Phile Pearce ESR

2022/07/19 by Christopher Caillavet Leave a Comment

Industrial specialist ESR has expanded its footprint in Greater Melbourne with the acquisition of five income-producing properties via a GIC-backed fund for A$106.5 million ($73.5 million).

The assets in the suburbs of Truganina, Kilsyth, Keysborough, Port Melbourne and Dandenong in… Read More>>

Industrial specialist ESR has expanded its footprint in Greater Melbourne with the acquisition of five income-producing … Read more>>>

Sime Darby Property managing director, Dato’ Azmir Merican

Logos and Sime Darby Break Ground on Malaysia Logistics Park Under $250M Fund

Sime Darby Property managing director, Dato’ Azmir Merican

2022/07/09 by Christopher Caillavet Leave a Comment

A warehouse development joint venture of Logos and Sime Darby Property broke ground Friday on the partnership’s maiden asset, E-Metro Logistics Park in Malaysia.

Situated within Sime Darby’s Bandar Bukit Raja township in Klang, Selangor, the park is the first… Read More>>

A warehouse development joint venture of Logos and Sime Darby Property broke ground Friday on the partnership’s maiden … Read more>>>

Teresa Zhuge GLP

GLP Sets Up New China Income Fund With $5B Recapitalisation

Teresa Zhuge GLP

2022/07/06 by Christopher Caillavet Leave a Comment

GLP on Wednesday announced the formation of GLP China Income Partners V through a $5 billion recapitalisation of the portfolio developed within GLP China Logistics Fund I, marking a full exit of the latter vehicle.

The new CIP V income… Read More>>

GLP on Wednesday announced the formation of GLP China Income Partners V through a $5 billion recapitalisation of the … Read more>>>

Thomas NAM (1)

ESR Boosting Korea Development JV With APG, CPPIB to Potential $2B

Thomas NAM (1)

2022/07/06 by Christopher Caillavet Leave a Comment

Logistics giant ESR is beefing up its second Korean development joint venture with APG and the Canada Pension Plan Investment Board, with plans to increase the vehicle’s total equity investment capacity to as much as $2 billion.

Known as ESR-KS… Read More>>

Logistics giant ESR is beefing up its second Korean development joint venture with APG and the Canada Pension Plan … Read more>>>

ESR Jeffrey Shen

ESR Selling 9 China Logistics Assets to GIC JV for $730M

ESR Jeffrey Shen

2022/07/04 by Christopher Caillavet Leave a Comment

Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong Kong-listed group and Singapore sovereign fund GIC for $730 million.

The portfolio is 98 percent occupied and consists… Read More>>

Warehouse giant ESR has agreed to sell a portfolio of nine industrial assets in China to a joint venture of the Hong … Read more>>>

Robert Wallace FLCT

Frasers’ FLCT Buying UK Logistics Development From Stoford for $124M

Robert Wallace FLCT

2022/06/27 by Christopher Caillavet Leave a Comment

Frasers Logistics & Commercial Trust has agreed to acquire a logistics project in northwestern England for £101 million ($124 million), marking the Singapore-listed REIT’s fourth industrial investment in the UK.

FLCT is buying the property at Ellesmere Port in the… Read More>>

Frasers Logistics & Commercial Trust has agreed to acquire a logistics project in northwestern England for £101 … Read more>>>

Sime Darby Property managing director, Dato’ Azmir Merican

Logos, Sime Darby Reach First Closing of $250M Malaysia Development Fund

Sime Darby Property managing director, Dato’ Azmir Merican

2022/06/27 by Christopher Caillavet Leave a Comment

A joint venture of Logos and Sime Darby Property has achieved a first closing of its investment vehicle targeting development of logistics assets in Malaysia after securing 70 percent in capital commitments for a fund size of up to $250… Read More>>

A joint venture of Logos and Sime Darby Property has achieved a first closing of its investment vehicle targeting … Read more>>>

Stuart Gibson of ESR

ESR Completes First Phase of $2.5B Logistics Park in Yokohama

Stuart Gibson of ESR

2022/06/19 by Christopher Caillavet Leave a Comment

Warehouse builder and fund manager ESR has finished construction of the first phase of its Yokohama Sachiura Logistics Park, which is expected to be Japan’s most valuable complex of its type upon completion.

ESR Yokohama Sachiura Distribution Centre 1 is… Read More>>

Warehouse builder and fund manager ESR has finished construction of the first phase of its Yokohama Sachiura Logistics … Read more>>>

Connie Peng BlackRock

BlackRock Developing Logistics Project Outside Beijing with Chaintouch China

Connie Peng BlackRock

2022/06/09 by Michael Cole 2 Comments

BlackRock is taking on a 190,000 square metre (2 million square foot) development project outside of Beijing as the investment manager expands its exposure to China’s logistics real estate sector.

The US asset management giant is developing the distribution centre… Read More>>

BlackRock is taking on a 190,000 square metre (2 million square foot) development project outside of Beijing as the … Read more>>>

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