Leading today’s news, Bloomberg spills on the complaints that forced Singapore’s GIC to complain about the GLP sale to the warehouse developer’s management. In other headlines, a group headed by Chinese President Xi Jinping announced it would step up scrutiny… Read More>>
GLP Halts Trading Amid Allegations of a Botched $9.9B Sale Process
After a seven month sales process, Global Logistic Properties faces the prospect of having only a single suitor for Asia’s largest warehouse developer as a June 30th deadline for bids approaches.
Over the course of a effort that began even… Read More>>
Does Fang Fenglei’s Hopu Have the Inside Track for GLP?
After a six month pursuit of Global Logistic Properties, the list of potential bidders for the region’s leading warehouse developer is down to two entrants with formal bids due on June 30th.
Blackstone Group, which earlier this month brought in… Read More>>
HNA Suing Fugitive Tycoon for Defamation and More Asia Real Estate Headlines
At the top of today’s headlines, one of China’s biggest buyers of overseas assets is joining what seems like a parade of mainlanders taking a swipe at fugitive tycoon Guo Wengui in New York’s courts. Also in the news, China’s… Read More>>
BOC, HSBC and ING Finance CC Land’s Cheesegrater Buy and More Asia Real Estate Headlines
A Chongqing-based developer has closed one of London’s biggest real estate acquisitions ever thanks to some help from Bank of China. Also in today’s headlines, the staff of fugitive billionaire Guo Wengui may be wishing they’d taken that job at… Read More>>
CIC, GLP and Mapletree Compete for Blackstone’s $14.1B in European Warehouses
Over the last two years, US private equity giant Blackstone has already sold more than $17 billion in US properties to Asian investors. Now America’s biggest landlord is putting €13 billion ($14.1 billion) in European warehouses on the block, and… Read More>>
GLP Bidding War Shows Promise of Logistics Platforms in Asia, US Sponsored Feature
Global Logistic Properties, has reportedly shortlisted at least three groups in the bidding for the Singapore-based warehouse operator, according to Bloomberg. The three groups were said to be a management-backed consortium that includes Chinese investment firms Hillhouse Capital Management and… Read More>>
HK’s Wharf Hopes to Spin Off Investment Assets and More Asia Real Estate Headlines
Some of Hong Kong’s biggest developers chose Friday to release their 2016 earnings, and those reports of success or failure lead today’s property headlines. Top builder Wheelock is cheerful enough after their results to test out the idea of a… Read More>>
SHK Earnings Jump 57% and More Asia Real Estate Headlines
Hong Kong’s struggles to tame its housing market have been good news for the city’s biggest homebuilder which saw earnings jump 57 percent in the second half of 2016. Also in the news today, two US private equity giants are… Read More>>
GLP Shortlists Bidders for $9.5 bil Warehouse Empire and More Asia Real Estate Headlines
Asia’s biggest fleet of warehouses is on the block and GLP has narrowed bidders down to a lucky few – but they’re not saying who just yet. Also in the news today, ale-addled Brits who lose their passports in Bangkok… Read More>>
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