Mingtiandi

Asia real estate and outbound investment news

  • Facebook
  • LinkedIn
  • RSS
  • Twitter
Sign Up / Login Logout

Lost your password?
Register
Forgotten Password
Cancel

Register For This Site

A password will be e-mailed to you.

  • Capital Markets
  • Events
    • Join the Mingtiandi Proptech Forum 2021
      • Asia Proptech 2021: COVID-19 Accelerates a Trend
      • Panel Talk: Tech Adoption in Logistics Real Estate
    • Promote Your Brand with the Mingtiandi Proptech Forum 2021
    • 2021 Mingtiandi Event Calendar
    • More Events
  • MTD TV
  • People
  • Logistics
  • Asia Outbound
  • Retail
  • Design & Construction
  • Research & Policy
  • Advertise

Blackstone Buying JPY 55B in Japanese Warehouses and More Asia Real Estate Headlines

2020/08/01 by Michael Cole Leave a Comment

daiwa house warehouse

Blackstone’s new warehouses will continue to be operated by Daiwa House

Warehouses are in the news again today as both Blackstone and Singapore’s GIC make logistics real estate investments in core Asia Pacific markets.

While two of the world’s largest investors seek safety in sheds, an eccentric Beijing business park builder is discovering London’s Royal Albert Docks were available on the cheap because they weren’t worth much and Schroders has completed its acquisition of Pamfleet.

Yardi Lease Manager

Blackstone Acquiring Four Japanese Warehouses From Daiwa

Blackstone will purchase four logistics facilities in Japan from Daiwa House Industry, Nikkei has learned, as the U.S. private equity group seeks new investment opportunities in Japan amid growing e-commerce business triggered by the novel coronavirus outbreak.

The four facilities in the latest deal, which will cost around 55 billion yen ($523 million) in total, are located in the Kanto region, which includes Tokyo, as well as the central Chubu region. Daiwa House will continue to manage the facilities after Blackstone’s purchase, and the warehouses will retain Daiwa House’s DPL brand. Read more>>

GIC JV Buying A$270M in Aussie Sheds From Dexus

Fund manager Dexus is selling a near $270 million portfolio of industrial assets in Sydney and Melbourne into a joint venture it has struck with deep-pocketed Singaporean sovereign wealth fund GIC.

Five of the properties are newly developed at an industrial estate in Melbourne’s west. The sixth is an industrial business park at Botany in Sydney. Read more>>

Beijing Business Park Builder’s London Project Sits Empty

Chinese President Xi Jinping and then-UK Prime Minister David Cameron were on hand to toast the signing of the deal to transform 14 hectares of derelict London riverfront into a bustling finance hub.

Five years on, in the wake of Brexit and a cooling of Sino-British ties, developer Xu Weiping’s vision for another Canary Wharf packed with Chinese companies looks more like a mirage. Overlooking the Thames, along the old Royal Albert Docks and across the water from City Airport, stand 21 new buildings that form the first phase of the £1.7 billion (S$3.1 billion) project. They’re almost all empty. Read more>>

Hong Kong Home Prices Reached 10-Month High in June

Hong Kong’s home price index rose to the highest level in 10 months in June, as investors and speculators defied a third wave of coronavirus infections in the city in their search for safe haven assets amid a gloomy outlook for the global economy.

June’s index of used homes edged up by 0.1 per cent to 386.1, according to figures by the Rating and Valuation Department, chalking the highest level since 388.2 in August 2019. The index dipped by 1.9 per cent compared with June last year. Read more>>

Proptech Registration Column

New World’s Rosewood Signs SH Hotel Management Deal

Rosewood has signed an agreement with Shanghai-based property development company, Lonsen Land Group, to manage a new luxury hotel in mainland China. Set to break ground in 2022, the Rosewood Shanghai is scheduled to open in 2028.

The hotel will be located in the heart of Shanghai’s Jing’An District and Suhewan area, an emerging business and cultural hub. Read more>>

Schroders Completes Acquisition of Pamfleet

Schroders is today announcing that it has completed the acquisition of a majority stake in Pamfleet, an Asian real estate investment manager.

Pamfleet, which will now be renamed Schroder Pamfleet, has offices in Hong Kong, Shanghai and Singapore. It was founded in 2000 and currently has US$1.1 billion of assets under management across four funds. Pamfleet’s entire team of 19 professionals will continue to work for Schroder Pamfleet. Read more>>

Proptech Registration Column

Tune in next again soon for more real estate news, and be sure to follow @Mingtiandi on Twitter, or bookmark Mingtiandi’s LinkedIn page for headlines as they happen.

Related Stories

  • Asia Real Estate People in the News 2021-01-11Asia Real Estate People in the News 2021-01-11
  • Ascendas REIT Buying US Office Assets for $560M and More Asia Real Estate HeadlinesAscendas REIT Buying US Office Assets for $560M and More Asia Real Estate Headlines
  • Brookfield Readies $500M India REIT and More Asia Real Estate HeadlinesBrookfield Readies $500M India REIT and More Asia Real Estate Headlines
  • Canadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate HeadlinesCanadian Pension Fund Boosts ESR Stake by 7% and More Asia Real Estate Headlines

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: crelist Tagged With: Advanced Business Park, Blackstone, Daiwa House, GIC, Pamfleet, Rosewood Hotels, Schroder Real Estate

Proptech Registration Jumbo

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Spectra District Landscape E

Get Mingtiandi Delivered

Proptech Registration Column

Latest Stories

Ong Pang Aik Lian Beng

Lian Beng Consortium Buying Breadtalk HQ in Singapore for $88.7M

Claire Cormier Thielke, Managin Director, Asia Pacific, Hines

How COVID-19 Ramped Up Proptech Adoption: Watch on MTD TV

managing director for fund management at GLP SG

GLP Raises Additional €500M for European Core Logistics Fund

GLP Kicks Off Construction on Four UK Projects and More Asia Real Estate Headlines

Sponsored Features

CK Lau

Asia Pacific Logistics Sector: Increasingly Varied Sector Requires Multiple Approaches Sponsored Feature

COVID-19 Uncertainty Creates New Priorities for Real Estate Investors Sponsored Feature

Urban planning

Urban Placemaking with Big Data and Little People Sponsored Feature

Hines’ One Museum Place Celebrates One Year of a New Shanghai Landmark Sponsored Feature

More Sponsored Features>>

MTD-QR-Code-320

Top Stories

KKR Announces $1.7B Final Closing for First Dedicated Asia Real Estate FundKKR Announces $1.7B Final Closing for First Dedicated Asia Real Estate Fund

Lian Beng Consortium Buying Breadtalk HQ in Singapore for $88.7MLian Beng Consortium Buying Breadtalk HQ in Singapore for $88.7M

GLP Kicks Off Construction on Four UK Projects and More Asia Real Estate…GLP Kicks Off Construction on Four UK Projects and More Asia Real Estate Headlines

How COVID-19 Ramped Up Proptech Adoption: Watch on MTD TVHow COVID-19 Ramped Up Proptech Adoption: Watch on MTD TV


Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • Events
    • Join the Mingtiandi Proptech Forum 2021
      • Asia Proptech 2021: COVID-19 Accelerates a Trend
      • Panel Talk: Tech Adoption in Logistics Real Estate
    • Promote Your Brand with the Mingtiandi Proptech Forum 2021
    • 2021 Mingtiandi Event Calendar
    • More Events
  • MTD TV
  • People
  • Logistics
  • Asia Outbound
  • Retail
  • Design & Construction
  • Research & Policy
  • Advertise

More Mingtiandi

  • About Mingtiandi
  • Contact Mingtiandi
  • Newsletter Subscription
  • Terms of Use
  • Privacy
  • Advertise
  • Join the Mingtiandi Team

We use cookies in accordance with our Privacy policy to provide the best user experience on Mingtiandi and to safeguard user data. By continuing to browse you consent to the policy. AcceptRefuse