South Korea’s Public Officials Benefit Association has confirmed its commitment of an additional €200 million ($235.6 million) to a European investment vehicle managed by CBRE Global Investors and IGIS Asset Management, in a move that adds a third tranche of… Read More>>
CBRE GI Adds $265M Japan Logistics Vehicle to Top Up APAC Value-Add Fund
CBRE Global Investors has announced the closing of a co-investment vehicle as part of the Asia Value Partners V fund, taking aim at logistics development projects in Japan.
The fund management unit of CBRE Group raised $265 million in equity… Read More>>
CBRE Global Investors Completes JPY 140B Sale of Japan Logistics Portfolio
CBRE Global Investors last week announced that it has completed a JPY 140.4 billion ($1.31 billion) sale of all assets from a Japanese logistics portfolio, ending a 3-month-long series of disposals of 169 industrial properties.
Through the piecemeal sale on… Read More>>
Logos, CBRE Global Investors Reach RMB 5.5B Final Close on China Logistics Fund
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>>
CBRE GI, Malaysia’s EPF Buy London Office Block for Reported £330M
Morgan Stanley Real Estate Investing, together with UK real estate investment house Greycoat, has sold an office building in the City of London to a separate account managed by CBRE Global Investors, according to an announcement this week by the… Read More>>
CBRE GI Closes Fifth APAC Value-Add Fund at $900M
CBRE Global Investors has closed the fifth iteration of its pan-Asia value-add fund series at a hard cap of $900 million — around 10 percent less than what it achieved for the fourth edition of the strategy – according to… Read More>>
Warburg Pincus India Logistics JV Plans $300M Expansion and More Asia Real Estate Headlines
Stories from the world of warehouses lead Mingtiandi’s list of real estate headlines today as an industrial developer backed by India’s Embassy Group and New York-based Warburg Pincus announces plans to build more sheds in India.
At the same time,… Read More>>
CBRE Global Investors Secures $115M for New APAC Logistics Fund
CBRE Global Investors has secured commitments totalling $115 million for Asia Value Partners V, a new Asia Pacific fund, according to a filing with the Securities and Exchange Commission in the US.
A Form D filing dated 22 August 2019… Read More>>
CapitaLand Selling German Office to REIT for €133M and More Asia Real Estate Headlines
A German office building leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a major Singapore developer is selling an asset in a city famous for sausages to its primary commercial REIT for… Read More>>
Mirae Asset, Korea Post Buy Seoul Tower From ADIA and CBRE GI for KRW 589B
A unit of Korea’s Mirae Asset Financial Group has agreed to purchase the State Tower Namsan in Seoul for KRW 588.6 billion ($507 million), according to a statement last week from a brokerage representing the seller of the 24-storey office… Read More>>