Asia real estate and outbound investment news
GLP is upsizing its European logistics development venture with its pair of Canadian partners, aiming to boost assets under management to €4 billion ($4.9 billion) from the original target of €2 billion.
The logistics giant announced Monday that the Canada… Read More>>
Personnel moves by major real estate enterprises continue to serve as an indicator of corporate direction, as JLL accelerates its shift toward technology with the appointment of a leading Asian venture capitalist to its global board. Logos Group is also… Read More>>
A Malaysian property conglomerate’s new chief executive leads the way as Mingtiandi rounds up our set of personnel moves from around Asia this week. Kuala Lumpur-based Mahsing has chosen former Shanghai resident Benjamin Ong as its new boss, and we… Read More>>
Mainland China’s logistics sector is one of the largest and most competitive in the region as the country’s red-hot e-commerce industry helps drive rents at the same time that record capital allocations boost competition for assets. This dedicated panel will… Read More>>
In today’s roundup of regional news headlines, fund manager GLP weighs a spinoff of its mainland logistics portfolio into a REIT, data centre operator BDx expands capacity at its Singapore facility, and Hong Kong’s lived-in home prices are on track… Read More>>
In today’s roundup of regional news headlines, warehouse giant GLP raises $850 million in a record-breaking green-bond sale, JD.com’s logistics offshoot sets sights on a $3.4 billion IPO, and Warburg Pincus reportedly exits a student housing venture in India.
GLP-backed ACR Asset Management on Thursday revealed its acquisition of the Beijing Diamond Plaza building in the Chinese capital’s primary technology hub.
Founded by Edward Cheung, the former chief executive for Greater China at Cushman & Wakefield, newcomer ACR bought… Read More>>
GLP, Asia’s biggest warehouse developer and fund manager, on Tuesday announced the closing of its newly-established GLP China Income Fund II with capital commitments totalling RMB 5.8 billion ($900 million).
The core-plus logistics vehicle seeks to generate long-term, stable returns… Read More>>
Singapore-based warehouse operator GLP on Thursday announced its hiring of former Blackstone executive Tim Wang as co-president of logistics and industrial real estate in China, where he will serve alongside Angela Zhao.
In his new role, Wang will focus on… Read More>>
In today’s roundup of regional news headlines, Swire Pacific takes a second step into the mainland hospitals sector with a Shenzhen investment, shares of Australian casino giant Crown Resorts close higher than the implied price of Blackstone’s takeover bid, and… Read More>>
