Hong Kong-based logistics giant ESR on Tuesday announced plans to invest INR 330 crore ($45 million) to add to its set of India projects.
The cash will be invested to develop an industrial facility on a 38 acre (15.4 hectare)… Read More>>
Logos Aims for $2.3B Aussie Portfolio After Sydney, Singapore Acquisitions
Logos Property Group is continuing to ramp up its regional portfolio as the ARA Asset Management-backed developer seeks to add a Blackstone-owned logistics portfolio to recent acquisitions in Sydney and Singapore.
Logos is now among five bidders short-listed in Blackstone’s… Read More>>
JD Announces Plan for Potential $5B Logistics IPO in Hong Kong
Warehouses could be the source of one of Hong Kong’s biggest initial public offerings again this year after JD.com late Tuesday announced plans to list its logistics unit on the city’s bourse.
The offering, which is backed by the e-commerce… Read More>>
Mapletree Logistics Trust Adding Five Greater Seoul Sheds for $250M
Singapore-listed Mapletree Logistics Trust on Monday announced an agreement to acquire five warehouse assets in South Korea for KRW 280 billion ($250 million), strengthening MLT’s foothold in Asia Pacific’s third-largest e-commerce market.
Situated in the Yongin-Icheon logistics cluster in the… Read More>>
Savills IM Paying $79M to Add Polish Warehouse to Vestas Logistics Fund
Savills Investment Management on Monday said it had exchanged contracts to acquire a logistics property in Poland for a Korean-backed fund at a price of €65.5 million ($79.6 million).
The transaction is Savills IM’s second on behalf of Vestas European… Read More>>
Blackstone Said Buying Warburg Pincus India Logistics JV for $700M
Already India’s largest office landlord, Blackstone may soon become the country’s biggest warehouse owner through the purchase of a 22 million square foot (2 million square metre) logistics joint venture, according to local news reports.
Having acquired more than 1… Read More>>
GLP Upped Logistics Leasing by 57% in 2020 to Reach New Record
GLP on Thursday reported record-high leasing and development activity for its logistics business in 2020 as the e-commerce trend kicked into high gear during the COVID-19 crisis.
The world’s second-largest industrial real estate developer said its logistics business signed more… Read More>>
Keppel Launches First China Logistics Property Fund With $220M Commitment
Keppel Capital, the Temasek Holdings-backed asset management arm of Singapore’s Keppel Group, on Tuesday announced the creation of a logistics property fund to invest in developing high-quality assets in key logistics hubs in China.
Keppel Capital’s first China-focused logistics property… Read More>>
AXA IM Breaks Ground on $260M Nagoya Distribution Centre with ESR
AXA IM Alts, an alternative asset arm of France’s AXA Investment Managers, announced on Tuesday that it has begun construction of a four-storey logistics facility near Nagoya, Japan.
Working together with Warburg Pincus-backed developer and fund manager ESR, which will… Read More>>
Logos Launches $371M Malaysian Project in Southeast Asia Expansion
Warehouse developer and fund manager Logos continues to expand its footprint in Southeast Asia, with an announcement this past week revealing that the company has agreed to begin building one of Malaysia’s largest distribution centres.
The ARA Asset Management-controlled firm… Read More>>
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