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Sanghwoi Bae of ESR Kendall Square REIT

ESR Korean REIT Buys Greater Seoul Logistics Hub for $94M

2021/06/12 by Christopher Caillavet Leave a Comment

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>>

Li Ting (Lance), CEO

ESR Ties Up With Warburg-Backed BW Industrial to Enter Vietnam Market

2021/05/10 by Christopher Caillavet Leave a Comment

ESR has joined forces with a Warburg Pincus-backed industrial platform to develop and own an industrial park near Ho Chi Minh City, marking the Hong Kong-listed warehouse giant’s first project in Vietnam.

My Phuoc 4 Industrial Park will have… Read More>>

Richard van Den Berg M&G

M&G Pays $217M for Quarter-Stake in ESR’s Biggest Tokyo Warehouse

2021/05/07 by Christopher Caillavet Leave a Comment

The Asian division of UK-based M&G Real Estate has acquired a 25 percent stake in warehouse developer ESR’s largest building under operation in the Tokyo area, providing an exit opportunity for investors including Allianz Real Estate, which financed the development… Read More>>

Thomas NAM (1)

ESR, CPPIB Add $500M to Korean Logistics JV After REIT Success

2021/04/23 by Christopher Caillavet Leave a Comment

Hong Kong-listed logistics giant ESR and Canadian pension fund manager CPPIB will expand their Korea Income Joint Venture, effectively doubling the size of the vehicle to $1 billion in total equity allocation.

The two partners on Thursday announced plans to… Read More>>

ESR Said in Talks to Acquire 8 India Projects and More Asia Real Estate Headlines

2021/04/20 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, logistics giant ESR is said to be in talks to acquire eight projects in India, two South Korean firms are close to a deal to buy a French warehouse portfolio, and Microsoft announces… Read More>>

Phile Pearce ESR

Blackstone Selling $2.9B Aussie Logistics Portfolio to ESR-GIC Partnership

2021/04/18 by Michael Cole Leave a Comment

With e-commerce on the rise, warehouses are in demand and Blackstone has just used that hunger for distribution space to notch Australia’s largest-ever direct real estate sale.

The US fund management giant has agreed to sell the Milestone Logistics portfolio… Read More>>

David Matheson Oxford

Asia Real Estate People in the News 2021-04-12

2021/04/12 by Michael Cole Leave a Comment

Back to work after holidays for Easter and the Tomb Sweeping festival, Asia’s real estate community is on the move again this week with Hong Kong-listed ESR naming a new director from one of its largest shareholders, and Hong Kong’s… Read More>>

Stuart Gibson of ESR 2020-12

ESR Takes on $2B Osaka Project to Launch Data Centre Business

2021/04/08 by Christopher Caillavet Leave a Comment

One of Asia’s best-known logistics developers is planning to start filling sheds with servers as Hong Kong-listed ESR on Thursday announced the acquisition of an Osaka data centre asset as part of a planned $2.15 billion project.

“As a leading… Read More>>

Xu Jiayin Evergrande

Evergrande to Raise $2.1B for E-Commerce Site and More Asia Real Estate Headlines

2021/03/29 by Pimfha Chandhapradit Leave a Comment

In today’s roundup of regional news headlines, mainland developer Evergrande looks to raise $2.1 billion ahead of an IPO for its online marketplace arm, Singapore-listed Ascendas India Trust will spend $198 million to acquire a pair of Bangalore buildings, and… Read More>>

Abhijit Malkani ESR India

ESR Adds to India Pipeline with $45M Pune Project

2021/03/09 by Christopher Caillavet Leave a Comment

Hong Kong-based logistics giant ESR on Tuesday announced plans to invest INR 330 crore ($45 million) to add to its set of India projects.

The cash will be invested to develop an industrial facility on a 38 acre (15.4 hectare)… Read More>>

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