With a fast-growing e-commerce sector driving demand for distribution space in mainland China, LaSalle Investment Management has expanded its efforts to acquire assets in the country’s warehouse sector by forming a $300 million joint venture with JD.com-backed developer China Logistics… Read More>>
JD.com Bags $115M Stake in China Logistics Property and More Asia Real Estate Headlines
Leading today’s roundup, e-commerce giant JD.com is ramping up its logistics investments by bagging a 10 percent stake in China’s second-largest warehouse developer. The residential arm of Vietnam’s Vingroup is believed to have raised about $1.35 billion in its initial… Read More>>
Carlyle Keeps Focus on China Logistics After $460M July IPO
Carlyle Group’s head of real estate for Asia says the US private equity giant plans to keep looking for opportunities in China’s logistics sector, following the successful July IPO of China Logistics Property Holdings.
The Shanghai-based warehouse developer raised nearly… Read More>>
Asian Investors Seen Shopping for Brexit Bargains and More Asia Real Estate Headlines
Half a dozen UK property funds have already suspended trading, but for some Asian investors the Brexit crisis is bargain hunting time, according to a recent report. Plus, officials in Beijing are getting just as tired of the Vanke custody… Read More>>
Anbang, Sino-Ocean Take Cornerstone Stakes in $433M China Warehouse IPO
Mainland warehouse developer China Logistics Property Holdings, which was formerly known as Shanghai Yupei Group, has pulled in cornerstone investments from Anbang Insurance and Sino-Ocean Group for a planned $433 million Hong Kong IPO, according to published reports.
Together the… Read More>>
