Asia real estate and outbound investment news
BlackRock is the latest global player to enter China’s cold storage sector, with the US investment manager agreeing to invest in a portfolio of facilities developed by mainland-based logistics firm Metcold.
New York-based BlackRock last month agreed to invest in… Read More>>
GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly-established GLP China Income Fund II with capital commitments totalling RMB 5.8 billion ($900 million).
The core-plus logistics vehicle seeks to generate long-term, stable returns… Read More>>
With mainland China already recovering from the effects of the pandemic and looking forward to a vaccine-powered rebound, the impact of the COVID-19 crisis on the country’s retail sector can be seen etched across the financial performance of the country’s… Read More>>
Shanghai-based online property brokerage Anjuke Group has taken its first step towards a listing in Hong Kong by filing an IPO application with the stock exchange on Thursday.
The Tencent-backed company didn’t disclose the size or timetable for the initial… Read More>>
Singapore-based warehouse operator GLP on Thursday announced its hiring of former Blackstone executive Tim Wang as co-president of logistics and industrial real estate in China, where he will serve alongside Angela Zhao.
In his new role, Wang will focus on… Read More>>
Mainland Chinese logistics firm Metcold has reached an agreement with Metropolitan Real Estate that will see the Carlyle Group-backed fund manager invest a total of $50 million in two of Metcold’s opportunity funds and in a cold storage project in… Read More>>
China’s fast-growing digital economy continues to show its impact on the real estate market, as a local fund manager this week announced a deal to acquire an office building in Beijing’s Zhongguancun area that until recently was home to one… Read More>>
Warehouses could be the source of one of Hong Kong’s biggest initial public offerings again this year after JD.com late Tuesday announced plans to list its logistics unit on the city’s bourse.
The offering, which is backed by the e-commerce… Read More>>
Keppel Capital, the Temasek Holdings-backed asset management arm of Singapore’s Keppel Group, on Tuesday announced the creation of a logistics property fund to invest in developing high-quality assets in key logistics hubs in China.
Keppel Capital’s first China-focused logistics property… Read More>>
Singapore-based City Developments Ltd on Thursday issued a fresh warning that it is likely to report a loss stemming from the firm’s contentious investment in mainland Chinese developer Sincere Property Group.
In the filing with the Singapore Exchange, CDL cited… Read More>>
