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Frasers Logistics & Commercial Trust Buying 6 European Properties for $412M

2021/05/24 by Christopher Caillavet Leave a Comment

Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 million ($412.2 million) purchase of six European assets announced to the Singapore exchange on Monday.

FLCT’s new UK prize is being… Read More>>

Frasers Logistics & Commercial Trust is acquiring its first warehouse property in the UK as part of a S$548.7 … Read more>>>

Harry Lee of Hines

Hines to Build Multi-Storey Cold Chain Centre in Greater Seoul

Harry Lee of Hines

2021/05/18 by Christopher Caillavet Leave a Comment

Hines on Tuesday announced the development of Namyang Logistics Center in South Korea, marking the US real estate firm’s second cold storage project in Asia Pacific in the last six months.

The five-storey logistics centre in Hwaseong, a Greater Seoul… Read More>>

Hines on Tuesday announced the development of Namyang Logistics Center in South Korea, marking the US real estate firm’s … Read more>>>

Serge Lauper Blackrock

BlackRock Invests in Metcold China Cold Chain Logistics

Serge Lauper Blackrock

2021/05/12 by Christopher Caillavet Leave a Comment

BlackRock is the latest global player to enter China’s cold storage sector, with the US investment manager agreeing to invest in a portfolio of facilities developed by mainland-based logistics firm Metcold.

New York-based BlackRock last month agreed to invest in… Read More>>

BlackRock is the latest global player to enter China’s cold storage sector, with the US investment manager agreeing to … Read more>>>

Asheesh Mohta,

Blackstone Buys Warburg’s Embassy Industrial Parks India JV

Asheesh Mohta,

2021/05/11 by Christopher Caillavet Leave a Comment

Blackstone has completed its long-anticipated acquisition of Embassy Industrial Parks, gaining a portfolio with 10.6 million square feet (984,772 square metres) of Grade A logistics and warehouse assets near major cities in India.

Funds managed by the US… Read More>>

Blackstone has completed its long-anticipated acquisition of Embassy Industrial Parks, gaining a portfolio with 10.6 … Read more>>>

Li Ting (Lance), CEO

ESR Ties Up With Warburg-Backed BW Industrial to Enter Vietnam Market

Li Ting (Lance), CEO

2021/05/10 by Christopher Caillavet Leave a Comment

ESR has joined forces with a Warburg Pincus-backed industrial platform to develop and own an industrial park near Ho Chi Minh City, marking the Hong Kong-listed warehouse giant’s first project in Vietnam.

My Phuoc 4 Industrial Park will have… Read More>>

ESR has joined forces with a Warburg Pincus-backed industrial platform to develop and own an industrial park near Ho Chi … Read more>>>

Richard van Den Berg M&G

M&G Pays $217M for Quarter-Stake in ESR’s Biggest Tokyo Warehouse

Richard van Den Berg M&G

2021/05/07 by Christopher Caillavet Leave a Comment

The Asian division of UK-based M&G Real Estate has acquired a 25 percent stake in warehouse developer ESR’s largest building under operation in the Tokyo area, providing an exit opportunity for investors including Allianz Real Estate, which financed the development… Read More>>

The Asian division of UK-based M&G Real Estate has acquired a 25 percent stake in warehouse developer ESR’s largest … Read more>>>

steve bulloch pgim

PGIM, Manulife Pay $663M for Blackstone’s 90% Stake in Aussie Logistics Portfolio

steve bulloch pgim

2021/05/02 by Christopher Caillavet Leave a Comment

Riding high on a wave of Asia Pacific acquisitions, PGIM Real Estate splashed out again this week to take a large chunk of an Australian logistics portfolio from fellow US-based fund manager Blackstone.

Market sources confirmed to Mingtiandi on Thursday… Read More>>

Riding high on a wave of Asia Pacific acquisitions, PGIM Real Estate splashed out again this week to take a large chunk … Read more>>>

Teresa Zhuge GLP

GLP Closes on $900M for China Core Logistics Fund

Teresa Zhuge GLP

2021/04/27 by Christopher Caillavet Leave a Comment

GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly established GLP China Income Fund II with capital commitments totalling RMB 5.8 billion ($900 million).

The core-plus logistics vehicle seeks to generate long-term, stable… Read More>>

GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly established GLP … Read more>>>

ALOG CEO Karen Lee

ARA Logos Logistics Trust to Sell South Australia Warehouse for $32M

ALOG CEO Karen Lee

2021/04/26 by Christopher Caillavet Leave a Comment

Singapore-listed ARA Logos Logistics Trust is slimming its Australian portfolio with the divestment of an ageing warehouse property in a suburb west of Adelaide.

ALOG’s manager announced on Monday that the REIT had entered an agreement for the sale of… Read More>>

Singapore-listed ARA Logos Logistics Trust is slimming its Australian portfolio with the divestment of an ageing … Read more>>>

Thomas NAM (1)

ESR, CPPIB Add $500M to Korean Logistics JV After REIT Success

Thomas NAM (1)

2021/04/23 by Christopher Caillavet Leave a Comment

Hong Kong-listed logistics giant ESR and Canadian pension fund manager CPPIB will expand their Korea Income Joint Venture, effectively doubling the size of the vehicle to $1 billion in total equity allocation.

The two partners on Thursday announced plans to… Read More>>

Hong Kong-listed logistics giant ESR and Canadian pension fund manager CPPIB will expand their Korea Income Joint … Read more>>>

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