Asia real estate and outbound investment news
Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator Stack Infrastructure once again to develop a 72-megawatt Japan data centre campus targeting hyperscale customers.
ESR and Stack will jointly build… Read More>>
ESR on Monday announced the creation of an ASEAN-focused infrastructure fund led by the industrial specialist’s wholly owned subsidiary ARA Asset Management and powered by an anchor investment from mainland policy lender Export-Import Bank of China.
Seeking to capitalise on… Read More>>
In today’s roundup of regional news headlines, Chinese stocks get a much-needed boost from Beijing’s move to ease some COVID curbs, Fitch downgrades developer Central China Real Estate after a missed interest payment, and Hong Kong-based expats nab housing bargains.
Singapore’s sovereign fund leads today’s collection of real estate news from around the region as GIC announces a joint venture with ESR to invest in India logistics properties. Hong Kong’s rising interest rates also make the news as they push… Read More>>
ESR has closed the sale of its office tower at 73 Miller Street in North Sydney for A$400 million ($253 million), as the industrial specialist looks to unload pieces of its Australia-based Propertylink portfolio.
Investment banking giant UBS purchased the… Read More>>
Industrial giant ESR has announced a first closing of A$540 million ($352.6 million) for the second iteration of its Australian develop-to-hold logistics partnership alongside GIC, with the Singapore sovereign wealth fund committing A$490 million as the strategy’s cornerstone investor.
The… Read More>>
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>>
Industrial giant ESR and its Logos subsidiary have closed on $250 million for their inaugural Asia core-plus logistics fund, boosted by a $100 million commitment from the Employees Retirement System of Texas.
Pan Asia Core+ Venture is the first co-branded… Read More>>
Despite challenges from inflation and power supply constraints, senior leaders from ESR, Nuveen, EdgeConnex and JLL said on Tuesday that strong demand from data centre users will continue to support digital infrastructure investments in Japan and Korea.
“There is much… Read More>>
Industrial specialist ESR has entered into a preliminary deal to convert one of the group’s South Korean logistics properties into what’s billed as the nation’s first hydrogen-powered fulfilment centre.
ESR’s Korean unit, Kendall Square Asset Management, signed a memorandum of… Read More>>
