The arrival of Christmas means that some of Asia’s senior real estate executives have found out where they ranked on Santa’s list, with promotions having been handed out at one of China’s largest state-owned developers and Singapore’s Temasek Holdings naming… Read More>>
Stonepeak-Backed Equalbase Developing $58M Greater Seoul Facility
Logistics builder Equalbase on Thursday announced its acquisition of a freehold land plot southeast of Seoul, with the company planning to develop a warehouse at a total cost of KRW 79 billion ($58 million).
The Icheon-Baeksa project will comprise 41,800… Read More>>
Asia Real Estate People in the News 2024-02-12
In this lunar new year edition of People in the News, Mingtiandi brings you a roundup of all the top executives getting a their red packets this holiday season, including industrial veteran Tom Woolhouse, who is taking on a new… Read More>>
Equalbase Building $63M Shed in Malaysia’s Penang
Equalbase has begun construction of a MYR 300 million ($63.6 million) warehouse as the Singapore-based developer’s first carbon-neutral logistics facility in Malaysia’s Penang.
Located in Val d’Or in the mainland section of the state, the new shed will span more… Read More>>
Equalbase Ties Up With Malaysia’s Sunway for $1.7B Johor Logistics Project
Singapore-based logistics builder Equalbase and Malaysian conglomerate Sunway Group broke ground on a 55 hectare (136 acre) logistics project in the southern Malaysian state of Johor on Tuesday, with the joint venture partners saying they have committed MYR 8 billion… Read More>>
Stonepeak Forms APAC Logistics JV With Singapore Builder Equalbase
Stonepeak has teamed up with Singapore-based builder Equalbase to develop logistics properties across Asia Pacific as the US infrastructure private equity firm ramps up its investments in the region.
A fund managed by Stonepeak is taking an equity stake in… Read More>>