Region-leading yields are among the factors keeping Singapore’s industrial assets among the top priorities for real estate investors, according to decision-makers from BlackRock, Hines, ESR-Logos REIT and Realterm who appeared at a… Read More>>
EC World REIT Selling Assets to Pay Debts and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, SGX-listed EC World REIT looks to sell some Hangzhou industrial assets to raise cash for debt repayment, China’s new home prices continue to fall amid a mortgage boycott, and global fund managers place… Read More>>
ESR Buys Out Mitsui Stake in ESR-Logos REIT as Trust Sells SG Property for $25M
ESR Group is acquiring a minority stake in the manager of ESR-Logos REIT from Japan’s Mitsui & Co as the Hong Kong-listed logistics giant takes virtually full control of the entity just four months after the enlarged trust was formed… Read More>>
ESR-Logos REIT to Buy Greater Tokyo Warehouse From ESR Group for $131M
ESR-Logos REIT has agreed to buy a Greater Tokyo logistics asset for S$183.5 million ($131.4 million), marking the Singapore-listed trust’s first acquisition in Japan.
The trust’s sponsor, Hong Kong-listed ESR Group, will acquire ESR Sakura Distribution Centre in Chiba prefecture… Read More>>
Asia Real Estate People in the News 2022-08-22
New appointments at a pair of Singapore-listed industrial REITs lead Mingtiandi’s roundup of personnel moves this week with Mapletree Industrial Trust naming a new independent, non-executive director and ESR-Logos REIT annointing a new chief financial officer. There are also new… Read More>>
ESR-Logos REIT Selling Jurong East Warehouse to ST Logistics for $32M
It was a busy week for ESR-Logos REIT after its manager announced back-to-back deals, with the S$43.5 million ($32 million) sale of a warehouse in Jurong East to local logistics firm ST Logistics coming on the heels of sponsor ESR… Read More>>
Citadel Leases Two More Floors in Hong Kong’s IFC and More Asia Real Estate Headlines
Hong Kong’s stumbling office market looks like a bargain to at least one major US investment manager, with Chicago-based Citadel said to be tripling its footprint in the IFC. Also in the news today, Swire Properties has announced plans for… Read More>>
ESR-Logos REIT Adds Trent Iliffe to Board, Appoints Karen Lee as Deputy CEO
The manager of ESR-Logos REIT announced a flurry of people moves on Friday to round out the board of directors and management team at the SGX-listed trust formed by the March merger of ESR-REIT and ARA Logos Logistics Trust.
Logos… Read More>>
Asia Real Estate People in the News 2022-06-06
New roles for professionals at GIC and Round Hill Capital lead this week’s roundup of personnel moves from around the region, with the Singapore sovereign fund promoting one of its senior real estate executives and the UK private equity firm… Read More>>
China’s Dajia Tries for $1B Sale of 3 US Hotels and More Asia Real Estate Headlines
The successor to China’s Anbang Insurance leads today’s list of headlines from around the region as the state-run finance firm looks for an opportunity to sell off part of a luxury hotel portfolio. Also in the news, Shanghai and Beijing… Read More>>