Asia real estate and outbound investment news
After a string of recent acquisitions in the antipodes, logistics specialist Logos Property has switched focus back to the Singapore market with the purchase of a 25-hectare (61.8-acre) industrial project from a local unit of global solar firm REC.
Through… Read More>>
Warehouse developer and investment manager Global Logistic Properties (GLP) has set up the largest fund ever targetting Japan’s logistics real estate sector, according to an announcement Saturday by the Singapore-based firm.
The Canada Pension Plan Investment Board (CPPIB) will be… Read More>>
China Vanke has announced to the Hong Kong Stock Exchange that its logistics real estate fund has shuffled investors, with the investment vehicle shrinking by over 50 percent to RMB 2.95 billion ($430 million).
Vanke, China’s second-largest real estate developer… Read More>>
Indian warehouse developer Indospace announced the final close of what it says is the largest-ever logistics fund targetting India this past week, having raised $580 million in equity for the fund managed by the joint venture between Singapore’s GLP and Mumbai-based… Read More>>
Singapore’s sovereign wealth fund, GIC, announced on Monday that it has set up a A$2 billion ($1.44 billion) unlisted trust with Australian REIT, Dexus, to invest in logistics properties down under.
Subject to approval, GIC will be the foundation investor… Read More>>
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>>
