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>>
Citic Jumps Back into Homebuilding for RMB9.92B and More Asia Real Estate Headlines
After selling off its residential projects last, China’s Citic Pacific is taking on another project – this time investing RMB 9.92 billion in Wuhan. Also in the headlines today, Yanlord ups its share of a Shenzhen project, and Country Garden’s… Read More>>
GLP Expands US Footprint with Two Chicago Acquisitions
Amid recent reports of Global Logistic Properties (GLP) fielding offers for its $8.9 billion business, the Singapore-listed warehouse developer continues to expand its United States footprint by securing 42,000 square metres of logistics space through two acquisitions in the Chicago… Read More>>
GLP CEO Said Joining CIC Buyout Bid and More Asia Real Estate Headlines
The region is back to work this week after a long lunar new year break and the real estate stories are getting fast and furious once again. The mystery of which takeover bid for GLP was being backed by the… Read More>>
GLP Fields Offers for $8.9 Bil in Warehouses
Formal offers have been made for logistics developer Global Logistic Properties, with the Singapore-based firm announcing that two of its top leaders are among the parties bidding for the $8.9 billion warehouse builder, according to an announcement by the company… Read More>>
Dasin Retail Launches $85M Singapore Trust and More Asia Real Estate Headlines
Leading the region’s real estate news today is the latest Singapore-based listed trust, which now offers investors units representing retail properties across Greater China. Also in the headlines, GLP leases more sheds, and the state-backed investors behind Evergrande’s privatisation plan…. Read More>>
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