In today’s roundup of regional news headlines, debt-stricken China Evergrande faces a winding-up petition in the Hong Kong high court, the Cheng family behind New World Development launches a buyout bid for fashion retailer Giordano, and Swedish clothier H&M closes… Read More>>
South Korea’s logistics real estate market is on track for continued growth this year despite challenges from rising construction costs and interest rate hikes, according to a panel of experts speaking at an industry forum on Tuesday, with the country… Read More>>
Mingtiandi’s Asia Logistics Forum has now entered its third week, with the spotlight turning to some of the region’s fastest growing warehouse markets for a pair of shows featuring speakers from ESR Kendall Square, LaSalle, Hines, JLL, Logos, CPPIB, Cushman… Read More>>
Investors purchased $5.8 billion in stabilised logistics assets in South Korea during 2021 — a level which was more than four times the 2015 to 2019 average, according to data from MSCI-RCA. That surge in sales of completed assets marks… Read More>>
Having grown its portfolio by 50 percent since its $650 million IPO last December, ESR Kendall Square REIT, South Korea’s first publicly listed logistics trust, has sold 100 percent of a $400 million follow-on equity offering.
The fresh capital raise… Read More>>
Not yet six months old, ESR Kendall Square REIT has added its second warehouse in the past week, as Korea’s first publicly listed logistics trust continues to build its portfolio.
The KRX-listed trust announced late Thursday that it had completed… Read More>>
Warehouses lead today’s collection of property news from around Asia, as ESR’s Korean REIT purchases a fully leased warehouse from its sponsor.
Also in the headlines, New World has sold out the latest phase of a project in the New… Read More>>