Asia real estate and outbound investment news
Warehouse giant ESR has acquired what it describes as the largest-ever portfolio of logistics and industrial assets to be transacted in Greater Shanghai.
The Hong Kong-listed firm bought the 11-asset portfolio for an undisclosed amount in partnership with a “leading… Read More>>
In today’s roundup of regional news headlines, logistics titan ESR acquires a Delhi industrial site from local property firm TARC, analysts predict a muted start to the Lunar New Year for Hong Kong’s housing market, and Chinese developer Dahua Group… Read More>>
In today’s roundup of regional news headlines, private equity giant Blackstone raises an $11 billion war chest to buy companies in Asia, developers ESR and CK Asset obtain sustainability-linked loans, and demand for Hong Kong’s nano flats ebbs as home… Read More>>
ESR has completed its $5.2 billion acquisition of Singapore-based ARA Asset Management, less than three months after the Hong Kong-listed logistics giant’s shareholders overwhelmingly approved the deal.
The enlarged ESR Group, which also encompasses ARA subsidiary Logos, now stands as… 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>>
In today’s roundup of regional news headlines, ESR’s Aussie logistics venture with GIC acquires a Melbourne industrial project and troubled mainland developer Kaisa Group may be running out of options as creditors give its bond swap offer the cold shoulder…. Read More>>
In today’s roundup of regional news headlines, the week opens with a rout of China Evergrande’s stock as chairman Xu Jiayin trims his personal stake in the developer to the tune of 1.2 billion shares and South Korea’s Midas Asset… Read More>>
ESR is proposing to convert its first Hong Kong industrial asset into a 40MW data centre, about six months after acquiring Brilliant Cold Storage Tower 2 from the family of the late local tycoon Tang Shing Bor for $230.8 million.
Wall Street titan Goldman Sachs leads today’s roundup of Asia real estate headlines with the big bank saying that it plans to double its alternative investments in the region, according to a freshly published interview.
Evergrande also finds its way… Read More>>
Hong Kong-listed ESR announced Wednesday that its shareholders had approved the logistics giant’s $5.2 billion proposed acquisition of ARA Asset Management.
At an extraordinary general meeting earlier that day, 91.81 percent of votes cast were in favour of purchasing 100… Read More>>
