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Stuart Gibson ESR

Amazon Leases Nearly Half of ESR Tokyo Area Logistics Centre

2020/01/08 by James Hatton Leave a Comment

ESR has landed Amazon as an anchor tenant for one of its Tokyo area logistics facilities, as the Warburg Pincus-backed specialist continues to capitalise on the demand for logistics space fuelled by the growth of e-commerce in Japan.

The online… Read More>>

lee-kok-sun gic

GIC Pays A$366M to Boost Stake in A$2B Aussie Logistics Trust

2020/01/07 by James Hatton Leave a Comment

GIC has entered 2020 with an A$366.1 million ($253 million) logistics investment, as the Singaporean sovereign wealth fund bets on warehouses for the new year.

The $100 billion fund made its investment by acquiring an additional 24 percent stake in… Read More>>

Shanghai Office Rents Slide as Vacancy Hits Ten Year High

2020/01/07 by James Hatton Leave a Comment

Grade A office rents in Shanghai continued their downward slide in the fourth quarter of 2019 as the citywide vacancy rate hit 20 percent, according to a report published by Cushman & Wakefield this week.

Amid a glut of space… Read More>>

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Join Mingtiandi as a Sub-Editor in Bangkok

2020/01/07 by Michael Cole Leave a Comment

Seven years after commencing daily publication in 2012, Mingtiandi had one of its best years ever in 2019, with Asia’s leading real estate investment publication gaining 44 percent unique visitors compared to the previous year.

Much of this growth… Read More>>

LV to Close Store in Hong Kong’s Causeway Bay Amid Collapsing Sales

2020/01/06 by James Hatton 1 Comment

Louis Vuitton is set to become the second major fashion brand to opt not to renew a lease in Hong Kong since the start of the city’s pro-democracy protests seven months ago, as retail sales plunge in the Asian financial… Read More>>

su bo macrolink

Mainland Developer Dumps Chairman Amid Police Investigation

2020/01/06 by Michael Cole Leave a Comment

The chairman of a Hong Kong-listed company building a casino on South Korea’s Jeju Island has replaced its chairman after the former company head became involved in an investigation in China, according to statements to the Hong Kong exchange and… Read More>>

Mitsubishi Estate Said Doubling Overseas Property Fund to $9B

2020/01/04 by James Hatton Leave a Comment

Mitsubishi Estate Corporation is looking to double the size of its overseas property investment platform to JPY 1 trillion ($9 billion), according to a report in the Nikkei Asian Review.

The Japanese property giant plans to expand the low-risk, long-term… Read More>>

Greenland Zhang Yuliang

Greenland Group Sells RMB 7.5B Trio of Office Buildings in Shanghai Bund Project

2020/01/04 by James Hatton Leave a Comment

Haitong Securities has agreed to buy a trio of office buildings worth a combined RMB 7.5 billion ($1 billion) in a Greenland Group project on Shanghai’s Bund, according to announcements last week by units of the mainland investment bank.

The… Read More>>

Korean Consortium Notches Belgium’s Biggest Deal Ever with €1.4B Brussels Buy

2020/01/02 by James Hatton Leave a Comment

A South Korean-led consortium is said to have completed its purchase of the Finance Tower in Brussels, notching the highest value purchase ever of a single property in Belgium, according to an account in the Korea Economic Daily.

The Meritz… Read More>>

ARA, David Kim

ARA Completes Purchase of Singapore’s Robinson Centre for Reported S$340M  

2020/01/02 by James Hatton Leave a Comment

ARA Asset Management has announced that it has completed the purchase of Singapore’s Robinson Centre on behalf of one of its private real estate funds, marking the second acquisition by the Warburg Pincus-backed investment manager in just under two weeks.

… Read More>>

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MTD TV

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