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Sime Darby Property managing director, Dato’ Azmir Merican

Logos Kicks Off Logistics JV With Malaysia’s Sime Darby Property With $200M Fund

Sime Darby Property managing director, Dato’ Azmir Merican

2021/09/29 by Christopher Caillavet Leave a Comment

Industrial developer Logos continues to find fertile ground for expansion in Malaysia, where the Australian firm has teamed up with a unit of local conglomerate Sime Darby on a fund management platform for developing and investing in “build-to-suit to lease… Read More>>

Industrial developer Logos continues to find fertile ground for expansion in Malaysia, where the Australian firm has … Read more>>>

Teresa Zhuge GLP

GLP Closes on $1.75B for Third China Logistics Development Fund

Teresa Zhuge GLP

2021/09/22 by Christopher Caillavet Leave a Comment

GLP, Asia Pacific’s biggest warehouse builder and fund manager, on Wednesday announced a first closing of its China Logistics Fund III at $1.75 billion, representing the lion’s share of the development vehicle’s $2 billion target.

The freshly committed capital will… Read More>>

GLP, Asia Pacific’s biggest warehouse builder and fund manager, on Wednesday announced a first closing of its China … Read more>>>

Claire Tang Lasalle

LaSalle China Logistics Fund Gets $80M Boost From Texas, Sacramento

Claire Tang Lasalle

2021/09/16 by Christopher Caillavet Leave a Comment

LaSalle Investment Management has secured $80 million worth of fresh capital commitments from two US public institutions in support of the LaSalle China Logistics Venture fund.

The Texas Permanent School Fund, a sovereign wealth fund that provides education revenue in… Read More>>

LaSalle Investment Management has secured $80 million worth of fresh capital commitments from two US public institutions … Read more>>>

Amar Sarin - MD and CEO of TARC

Blackstone Completes $40M Purchase of North Delhi Warehouse

Amar Sarin - MD and CEO of TARC

2021/09/08 by Christopher Caillavet Leave a Comment

US fund manager Blackstone has added to its formidable industrial holdings in India with the acquisition of a North Delhi warehouse asset for INR 295 crore ($40.1 million).

Already the country’s biggest warehouse owner, the private equity giant purchased its… Read More>>

US fund manager Blackstone has added to its formidable industrial holdings in India with the acquisition of a North … Read more>>>

li shifa

JD to Buy Controlling Stake in China Logistics Property for $513M

li shifa

2021/09/05 by Christopher Caillavet Leave a Comment

JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property Holdings, giving the e-commerce giant an opportunity to beef up its portfolio of distribution centres amid consolidation and rising rents in the warehouse… Read More>>

JD.com’s real estate division has agreed to buy a controlling stake in Hong Kong-listed China Logistics Property … Read more>>>

Henry Ha Metcold CEO

BentallGreenOak-Metcold Partnership Acquires Beijing Cold Chain Project

Henry Ha Metcold CEO

2021/09/02 by Christopher Caillavet Leave a Comment

China’s e-commerce giants have bet big on online grocery, and the need for specialised warehouses to distribute fresh food to hungry mainlanders is providing opportunity for North American fund manager BentallGreenOak and its partners.

Mainland logistics developer Metcold announced this… Read More>>

China’s e-commerce giants have bet big on online grocery, and the need for specialised warehouses to distribute fresh … Read more>>>

JD-Richard-Liu

JD in Talks to Buy Controlling Stake in China Logistics Property

JD-Richard-Liu

2021/08/29 by Christopher Caillavet Leave a Comment

Hong Kong-listed China Logistics Property Holdings has reeled in a candidate for taking over the mainland warehouse operator, with market sources confirming to Mingtiandi that e-commerce giant JD.com has proposed buying a controlling stake of 26.38 percent in the company.

… Read More>>

Hong Kong-listed China Logistics Property Holdings has reeled in a candidate for taking over the mainland warehouse … Read more>>>

Stuart Gibson of ESR 2020-12

M&G Pays $91M for 40% Stake in ESR Warehouse Near Nagoya Port

Stuart Gibson of ESR 2020-12

2021/08/24 by Christopher Caillavet Leave a Comment

The Asian division of UK-based M&G Real Estate has acquired a 40 percent stake in warehouse specialist ESR’s Yatomi Distribution Centre for JPY 10 billion ($91 million), valuing the property in Japan’s Nagoya area at $227.5 million.

M&G bought the… Read More>>

The Asian division of UK-based M&G Real Estate has acquired a 40 percent stake in warehouse specialist ESR’s Yatomi … Read more>>>

Jeffrey-Perlman-ESR-

ESR Posts 39% Earnings Growth, 37% Jump in AUM Ahead of ARA Buyout

Jeffrey-Perlman-ESR-

2021/08/21 by Christopher Caillavet Leave a Comment

ESR on Friday reported that its revenues grew nearly 25 percent in the first half of 2021, at the same time that its assets under management shot up 36.9 percent to an all-time high of $36.3 billion, putting an exclamation… Read More>>

ESR on Friday reported that its revenues grew nearly 25 percent in the first half of 2021, at the same time that its … Read more>>>

paul mcgarry Goodman

Goodman to Acquire Greater Tokyo Site for Multi-Storey Logistics Facility

paul mcgarry Goodman

2021/08/19 by Christopher Caillavet Leave a Comment

Goodman has agreed to buy a logistics development site in Japan’s Ibaraki prefecture, snapping a quiet period for the Sydney-based warehouse specialist.

Breaking ground in late 2021, the developer plans to build a five-storey logistics and distribution facility with 176,000… Read More>>

Goodman has agreed to buy a logistics development site in Japan’s Ibaraki prefecture, snapping a quiet period for the … Read more>>>

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