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Thomas NAM (1)

ESR Launches Korean REIT, Looks Forward to 2021 Data Centre Debut

Thomas NAM (1)

2020/12/28 by Michael Cole Leave a Comment

Shares began trading in Korea’s first dedicated logistics REIT on 23 December as ESR’s Korean unit finalised an initial public offering that helped the warehouse specialist and fund manager raise $650 million.

Following the Wednesday trading debut at KRW 5,000… Read More>>

Shares began trading in Korea’s first dedicated logistics REIT on 23 December as ESR’s Korean unit finalised an initial … Read more>>>

lee-kok-sun GIC

GIC, ESR Announce $750M India Warehouse Development JV

lee-kok-sun GIC

2020/12/22 by Christopher Caillavet Leave a Comment

Singaporean sovereign fund GIC and Hong Kong-listed developer ESR are pursuing their mutual interest in India’s industrial real estate market — this time together — with the launch of a $750 million joint venture to build and acquire industrial and… Read More>>

Singaporean sovereign fund GIC and Hong Kong-listed developer ESR are pursuing their mutual interest in India’s … Read more>>>

Yoshiyuki Chosa GLP

GLP Japanese REIT Raises $532M to Complete Purchase of 7 Logistics Assets

Yoshiyuki Chosa GLP

2020/12/15 by Christopher Caillavet Leave a Comment

GLP’s Japan-focused REIT has completed a global offering of newly issued investment units, raising JPY 55.6 billion ($532 million) to acquire seven Japanese warehouse properties and furthering a busy season in the country’s logistics market.

The portfolio of assets purchased… Read More>>

GLP’s Japan-focused REIT has completed a global offering of newly issued investment units, raising JPY 55.6 billion … Read more>>>

vrco neoxcraft

ESR Unveils Plans for Drone Logistics Initiative at Greater Tokyo Project

vrco neoxcraft

2020/12/14 by Michael Cole Leave a Comment

Logistics real estate specialist ESR is getting ready for the future of high speed delivery with an initiative to design and demonstrate the world’s first cargo drone facility at Tokyo area warehouse project.

The Hong Kong-listed warehouse developer and fund… Read More>>

Logistics real estate specialist ESR is getting ready for the future of high speed delivery with an initiative to design … Read more>>>

Jeffrey Perlman warburg pincus

ESR Prices Shares for $320M Korean Logistics REIT

Jeffrey Perlman warburg pincus

2020/12/07 by Michael Cole Leave a Comment

After holding Hong Kong’s third-largest IPO of 2019, warehouse specialist ESR is headed for a $320 million debut on Korea’s KOSPI exchange this month, according to an announcement late last week by the developer and fund manager.

Following a road… Read More>>

After holding Hong Kong’s third-largest IPO of 2019, warehouse specialist ESR is headed for a $320 million debut on … Read more>>>

LaSalle Mark Gabbay

LaSalle Adds Suzhou, Tianjin Warehouses to China Logistics Fund

LaSalle Mark Gabbay

2020/12/07 by Michael Cole Leave a Comment

LaSalle Investment Management continues to expand its China logistics holdings as the real estate fund manager picks up a pair of new warehouses in the mainland’s two largest consumer markets.

The investment affiliate of property agency JLL announced on Friday… Read More>>

LaSalle Investment Management continues to expand its China logistics holdings as the real estate fund manager picks up … Read more>>>

Jon Crossfield Savills IM

Savills IM Teams With Vestas on $604M European Logistics Fund

Jon Crossfield Savills IM

2020/12/02 by Christopher Caillavet Leave a Comment

Savills Investment Management this week announced the launch of a pan-European logistics investment fund with partner Vestas Investment Management, targeting a gross asset value of up to €500 million ($604 million).

In a Monday press release, Savills IM described Vestas… Read More>>

Savills Investment Management this week announced the launch of a pan-European logistics investment fund with partner … Read more>>>

Wong Mun Hoong

Mapletree Snaps Up Site for $411M Southern Japan Logistics Project

Wong Mun Hoong

2020/11/26 by Christopher Caillavet Leave a Comment

Mapletree Investments continues its drive to add more warehouse space to Japan’s logistics market, announcing this week that it acquired a 116,319 square metre (1,252,047 square foot) site near the city of Fukuoka for development into two blocks of four-storey… Read More>>

Mapletree Investments continues its drive to add more warehouse space to Japan’s logistics market, announcing this week … Read more>>>

Claire Cormier Thielke Hines

Hines Teams with Carlyle Fund Manager to Buy Guangdong Cold Chain Project

Claire Cormier Thielke Hines

2020/11/18 by Christopher Caillavet Leave a Comment

US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 square metre (363,820 square foot) cold storage facility and adjacent development site in southern China’s Guangdong province.

The property is in Dongguan’s… Read More>>

US-based developer Hines and a Carlyle Group-backed real estate fund manager have joined forces to acquire a 33,800 … Read more>>>

Lee Kok Sun GIC

GIC Expands European Logistics Platform With Last-Mile JV

Lee Kok Sun GIC

2020/11/17 by Christopher Caillavet Leave a Comment

Singapore’s sovereign wealth fund, GIC, is set to further its reach in European warehousing through a joint venture announced this week that aims to acquire and develop last-mile distribution centres and urban logistics assets in the continent’s gateway cities.

Financial… Read More>>

Singapore’s sovereign wealth fund, GIC, is set to further its reach in European warehousing through a joint venture … Read more>>>

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