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Savills IM, Alistair Ennever

Korea’s Vestas Tops Up €1B Euro Sheds Portfolio with Poland Buy

Savills IM, Alistair Ennever

2020/04/02 by James Hatton Leave a Comment

Seoul-based Vestas Investment Management has acquired a distribution centre in central Poland on behalf of Korean institutional investors for €71 million ($78 million), as the European logistics market continues to draw Asian capital.

Savills Investment Management said in a statement… Read More>>

Seoul-based Vestas Investment Management has acquired a distribution centre in central Poland on behalf of Korean … Read more>>>

Logos, CBRE Global Investors Reach RMB 5.5B Final Close on China Logistics Fund

2020/04/01 by James Hatton Leave a Comment

Logos Group and CBRE Global Investors have reached a final close of RMB 5.5 billion ($786 million) on a China-focused logistics fund, according to a joint announcement.

The CBRE Logos China Logistics Club Fund will be operated as a partnership,… Read More>>

Logos Group and CBRE Global Investors have reached a final close of RMB 5.5 billion ($786 million) on a China-focused … Read more>>>

Stuart Gibson ESR

ESR Ramps Up Japan Presence with JPY 24B Tokyo Logistics Facility

Stuart Gibson ESR

2020/03/31 by James Hatton Leave a Comment

Warburg Pincus-backed warehouse developer and fund manager ESR has unveiled plans for a new logistics facility in the Greater Tokyo Bay Area with an expected investment of JPY 24 billion ($215 million), according to a company announcement.

The Hong Kong-listed… Read More>>

Warburg Pincus-backed warehouse developer and fund manager ESR has unveiled plans for a new logistics facility in the … Read more>>>

Phile Pearce ESR

Warburg Pincus-Backed ESR Launches A$1B Aussie Logistics JV with GIC

Phile Pearce ESR

2020/03/27 by James Hatton Leave a Comment

ESR has announced the launch of a joint venture set to be worth A$1 billion ($610 million) to develop logistics and industrial facilities, after executing the company’s largest capital raising to date in Australia.

An undisclosed global institutional investor has… Read More>>

ESR has announced the launch of a joint venture set to be worth A$1 billion ($610 million) to develop logistics and … Read more>>>

jeffrey perlman warburg

ESR Expects E-Commerce Boost From COVID-19 as 2019 Profit Jumps 21%

jeffrey perlman warburg

2020/03/23 by James Hatton Leave a Comment

Warburg Pincus-backed logistics developer and fund manager ESR has posted a 21 percent rise in net profit to $245 million for 2019, as it continues to ride the growth of e-commerce and the shift of capital values to Asia.

In… Read More>>

Warburg Pincus-backed logistics developer and fund manager ESR has posted a 21 percent rise in net profit to $245 … Read more>>>

Stuart Gibson ESR

ESR Co-founder Said Bailing Out Glasgow’s Rangers FC with £20M Investment

Stuart Gibson ESR

2020/03/23 by James Hatton Leave a Comment

Warehouse developer and fund manager ESR in October scored Hong Kong’s second-largest IPO of 2019, raising HK$14 billion ($1.8 billion) in cash, and instantly making multi-millionaires of its founders and early investors.

Now one of ESR’s shed magnates has decided… Read More>>

Warehouse developer and fund manager ESR in October scored Hong Kong’s second-largest IPO of 2019, raising HK$14 billion … Read more>>>

Ming Mei GLP THUMB

GLP Confirms €1B Purchase of Goodman European Logistics Assets

Ming Mei GLP THUMB

2020/03/14 by James Hatton Leave a Comment

GLP announced today that it is acquiring Goodman Group’s central and eastern European logistics assets, doubling the European footprint of the company formerly known as Global Logistic Properties through a €1 billion ($1.1 billion) deal which had first been reported… Read More>>

GLP announced today that it is acquiring Goodman Group’s central and eastern European logistics assets, doubling the … Read more>>>

john lim ara

ARA Asset Management Acquires Warehouse Specialist Logos

john lim ara

2020/03/05 by Michael Cole Leave a Comment

Singapore’s ARA Asset Management announced today that it has acquired a majority stake in Asia Pacific logistics real estate developer and fund manager Logos Group for an undisclosed sum.

The deal, which was revealed in a joint announcement by the… Read More>>

Singapore’s ARA Asset Management announced today that it has acquired a majority stake in Asia Pacific logistics real … Read more>>>

Stuart Gibson ESR

ESR Unveils JPY 27B Plan to Build Nagoya’s Largest Distribution Centre

Stuart Gibson ESR

2020/02/17 by James Hatton Leave a Comment

ESR is investing JPY 27 billion ($250 million) to develop the largest distribution centre in Greater Nagoya, as the Hong Kong-listed logistics specialist pushes forward with its expansion in Japan.

Developing the Yatomi Kisosaki Distribution Centre will add a further… Read More>>

ESR is investing JPY 27 billion ($250 million) to develop the largest distribution centre in Greater Nagoya, as the Hong … Read more>>>

Ming Mei GLP THUMB

GLP’s Gazeley Said Buying Goodman European Portfolio for €1B

Ming Mei GLP THUMB

2020/02/16 by James Hatton Leave a Comment

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European logistics portfolio in a deal said to be worth €1 billion ($1.08 billion).

Asia’s largest warehouse developer and fund manager is said to be… Read More>>

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European … Read more>>>

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