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
    • Mingtiandi 2022 Event Calendar
    • APAC Residential Forum 2022
    • Asia Logistics Forum 2022
    • Asia REIT Forum 2022
    • APAC Data Centre Forum 2022
    • Singapore Focus Forum 2022
    • Office Strategies Forum 2022
    • More Events
  • MTD TV
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail
  • Research & Policy
  • Advertise

Sam Zell’s Equity International Invests in China Warehouse Fund

2013/08/30 by Michael Cole Leave a Comment

Sam Zell China Logistics Real Estate

Equity International’s Sam Zell

Equity International, a private equity firm run by US investor Sam Zell and The Redwood Group, an Asia-focused real estate fund, announced this week a strategic partnership for expansion of Redwood’s logistics property platform.

According to an announcement from Redwood, the partnership with Equity International is intended to expand Redwood’s capital base for rapid, acquisition of logistics and industrial locations across key Asian markets, with a primary focus on China and Japan.

Redwood invests in logistics real estate projects in Asia, and most recently acquired a 24,000 sqm distribution centre in Beijing’s Tongzhou district during July of this year. The group currently maintains offices in Chengdu, Japan, Shanghai, Singapore, and South Korea.

During July of last year Redwood announced a first closing on its Redwood China Logistics Fund, after successfully raising Euros 95 million from Dutch pension fund manager PGGM. The Fund has an initial target of investing RMB 2.5 billion equity in distribution, logistics and light manufacturing real estate facilities in selected high growth markets in China.

Redwood’s founders, Charles de Portes and Stuart Gibson, are said to be among the pioneers in investment grade warehouse real estate in Asia, having developed the first build-to-suit distribution hub for DHL in the region in 1998, and the creation of the first private equity fund dedicated to Asian logistics real estate in 2002.

In China, Redwood is led by industry veteran Oliver Treneman, who previously served as COO with logistics developer Yupei when it was invested by Equity International.

Speaking of the new partnership, Equity International CEO Tom Heneghan said, “Redwood’s institutional reputation, experienced team and strong relationship network make them an ideal platform for EI in Asia.”

Equity International was founded in 1999 by American investor Sam Zell, who still serves as the firm’s chairman, and specializes in real estate investments outside of the US. The company has raised $2 billion and to date has invested in and alongside 24 portfolio companies across 15 countries.

 

Share this now

  • LinkedIn
  • Share
  • Tweet
  • Email

Filed Under: Logistics Tagged With: e-Shang Redwood, Equity International Modaraba, Logistics, Sam Zell, Shanghai Yupei Group

https://player.vimeo.com/video/658501079?h=a77da22425

Leave a Reply

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

Get Mingtiandi Delivered

PropertyGuru - Asia Property Awards Banner

MTD TV

Japan Logistics Panel
Japan Logistics Offers a Safe Haven During a Bumpy 2022: MTD TV
japan btr3
Investors Diversify Japan Multi-Family Acquisitions in Search of Yield: MTD TV

More MTD TV Videos>>

People in the News

jesline goh UOL
Jesline Goh Resigns as CIO of Singapore’s UOL as Developer Promotes Hotel Chief
Lee Hoon KIc
Asia Real Estate People in the News 2022-08-15
daigo Hirai BlackRock
Asia Real Estate People in the News 2022-08-08
Bryan Southergill
Ares Hires Bryan Southergill to Run Asia Real Estate Business

More Industry Professionals>>

People in the News

Jesline Goh Resigns as CIO of Singapore’s UOL as Developer Promotes Hotel Chief

jesline goh UOL

Jesline Goh is stepping down as chief investment and asset officer of Singaporean developer UOL Group after nearly five … Read More>>

Asia Real Estate People in the News 2022-08-15

Lee Hoon KIc

Senior personnel changes in Korea, Hong Kong and Singapore lead Mingtiandi’s roundup of HR moves from around the region … Read More>>

Asia Real Estate People in the News 2022-08-08

daigo Hirai BlackRock

BlackRock’s appointment of a new head of Japan real estate leads this week’s roundup of personnel moves from around the … Read More>>

Ares Hires Bryan Southergill to Run Asia Real Estate Business

Bryan Southergill

After more than eight years leading real estate investments for KKR in Asia, Bryan Southergill has taken on a new role … Read More>>

More Industry Professionals>>

Latest Stories

Tom Ko C&W
$409M Project Sale in Hong Kong’s Causeway Bay Linked to Shenzhen Developer
CICC Huang Zhaohui
CICC Expands into Kowloon’s ICC as Hong Kong Banking Evolves
Singapore Private Home Sales to Slide After July Surge as Supply Dwindles

Sponsored Features

Douglas Wu Fairland Holdings
How a Hong Kong Mall Repositioning Boosted Revenue by Focusing on Community
For Hong Kong’s Office Market, Border Reopening Holds Key to Unlocking Demand
Top 3 Trends Driving a Connected Experience in Commercial Real Estate

More Sponsored Features>>

MTD-QR-Code-320

Connect with Mingtiandi

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Real Estate News

  • Capital Markets
  • 2022 Event Calendar
  • MTD TV Archives
  • People
  • Logistics
  • Data Centres
  • Asia Outbound
  • Retail

More Mingtiandi

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


© 2007-2022 China Advertising Media Ltd (Samoa). All rights reserved.