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LaSalle Sells Korean Warehouse to Deutsche Bank’s DWS for $57M

2018/04/22 by Greg Isaacson Leave a Comment

Deutsche Bank’s asset management arm has bought a recently completed logistics warehouse in Icheon City, south of Seoul for 61.2 billion won ($57.4 million), as global real estate investors pile into Korea’s modernising logistics sector.

DWS (formerly Deutsche Asset Management)… Read More>>

Deutsche Bank's asset management arm has bought a recently completed logistics warehouse in Icheon City, south of Seoul … Read more>>>

Frasers Property Acquires German Developer Alpha Industrial for $353M

2018/02/20 by Shawna Kwan Leave a Comment

Frasers Property has purchased a portfolio of 22 industrial properties in Germany and Austria for $353 million, as the developer formerly known as Frasers Centrepoint adds to its European platform.

The Singapore-listed firm announced Monday that it has agreed to… Read More>>

Frasers Property has purchased a portfolio of 22 industrial properties in Germany and Austria for $353 million, as the … Read more>>>

Richard Liu JD.com

Tencent, Sequoia and China Life Lead $2.5B Financing Round for JD Logistics

Richard Liu JD.com

2018/02/14 by Michael Cole Leave a Comment

It’s been less than 10 months since JD.com launched its own logistics business, but the warehousing and shipping subsidiary of China’s second-largest ecommerce player has already raised $2.5 billion from some of the mainland’s biggest investment firms, according to an… Read More>>

It’s been less than 10 months since JD.com launched its own logistics business, but the warehousing and shipping … Read more>>>

Jeff Perlman Warburg Pincus

Warburg Pincus Teams with VN Developer for $200M Industrial JV

Jeff Perlman Warburg Pincus

2018/02/12 by Greg Isaacson Leave a Comment

Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create the largest logistics and industrial real estate developer in the country, with an investment of over $200 million.

The new venture, BW… Read More>>

Global private equity firm Warburg Pincus is teaming up with Vietnamese state-owned builder Becamex IDC Corp to create … Read more>>>

Teresa Zhuge GLP

GLP Forms $1.6B China Value-Add Warehouse Fund with China Life

Teresa Zhuge GLP

2018/02/11 by Greg Isaacson Leave a Comment

Asia’s largest warehouse developer is teaming up with state-owned insurer China Life to form a new RMB 10 billion ($1.6 billion) value-add fund targetting logistics opportunities in China.

The vehicle marks the first China value-add fund for Singapore-based Global Logistic… Read More>>

Asia's largest warehouse developer is teaming up with state-owned insurer China Life to form a new RMB 10 billion ($1.6 … Read more>>>

Adrian Chui ESR REIT

Warburg Pincus-Backed ESR-REIT Proposes Merger With Viva Industrial Trust

Adrian Chui ESR REIT

2018/01/30 by Shawna Kwan Leave a Comment

Warburg Pincus-backed e-Shang Redwood REIT (ESR-REIT) has proposed a merger with Viva Industrial Trust to create the fourth-largest Singapore-listed industrial REIT.

ESR-REIT announced the proposed merger with Viva Industrial Trust, a mainboard-listed business park and industrial REIT, this week after… Read More>>

Warburg Pincus-backed e-Shang Redwood REIT (ESR-REIT) has proposed a merger with Viva Industrial Trust to create the … Read more>>>

Chen Shuang China Everbright

Goodman Sells Mainland Logistics Portfolio to China Everbright PE Division

Chen Shuang China Everbright

2018/01/21 by Greg Isaacson Leave a Comment

Australian industrial developer Goodman Group has sold a portfolio of seven Chinese logistics assets to the real estate private equity arm of China Everbright Limited. While no financial terms were disclosed, the deal for around nine percent of Goodman’s total… Read More>>

Australian industrial developer Goodman Group has sold a portfolio of seven Chinese logistics assets to the real estate … Read more>>>

LaSalle Opens 10th China Warehouse in Beijing

2018/01/20 by Greg Isaacson Leave a Comment

LaSalle Investment Management has opened its tenth logistics project in China, a 56,000 square metre warehouse and distribution facility in Beijing. The new launch brings LaSalle’s portfolio of completed logistics warehouse space in the country to 720,000 square metres, as… Read More>>

LaSalle Investment Management has opened its tenth logistics project in China, a 56,000 square metre warehouse and … Read more>>>

Ng Kiat Mapletree

Mapletree Logistics Trust Buys Out Hong Kong Project for $78M

Ng Kiat Mapletree

2018/01/09 by Shawna Kwan Leave a Comment

Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for HK$610 million ($78 million) and will now fully own the strata-titled distribution facility in the residential and industrial district of Hong Kong’s… Read More>>

Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for … Read more>>>

LaSalle Completes First Korean Logistics Project Under $485M Fund

2017/12/11 by Greg Isaacson 1 Comment

US-based real estate investment firm LaSalle Investment Management has wrapped up construction on its first project in South Korea, a modern logistics warehouse in Icheon City, south of Seoul.

The 467,207 square foot (43,405 square metre), multi-storey facility, called Logiport… Read More>>

US-based real estate investment firm LaSalle Investment Management has wrapped up construction on its first project in … Read more>>>

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