An Australian-Chinese joint venture has won a long-delayed contract to build a new tunnel in Hong Kong, the world’s biggest warehouse builder is seeking $302 million in new funding for its mainland branch, and officials in China’s Zhejiang province are… Read More>>
GLP Appoints New Mainland Leadership as Yang Steps Down as China Chief
Global Logistic Properties (GLP) today announced Teresa Zhuge and Victor Mok as Co-Presidents of the company’s China business following a decision by Kent Yang, President of GLP China, to leave his role as president of the Singapore-based warehouse developer and… Read More>>
Poly Pushes Aside 30 Rivals to Buy Shanghai Land and More Greater China Real Estate Headlines
China’s real estate rival is driving developers to compete for land in Shanghai and other first-tier cities. Meanwhile, down in Hong Kong, home prices are falling, but sales volumes hit their highest level in over a decade. Read on for… Read More>>
GLP Points to Retail Growth as It Leases 98,000 Sqm of China Warehouses
Global Logistic Properties (GLP) announced this week that it has leased another 98,000 square metres (1.1 million square feet) of modern logistics facilities in China, as the world’s biggest developer of warehouse space continues to dominate the mainland market.
The… Read More>>
GLP and CPPIB to Set Up $2B Japan Logistics Fund
Another $2 billion could be headed into Japan’s logistics real estate markets over the next three years following a new agreement between Global Logistic Properties (GLP) and the Canada Pension Plan Investment Board (CPPIB).
GLP, which is already the region’s… Read More>>
China Life to Invest $1 Bil in GLP’s US Warehouse Portfolio
China Life Insurance Co became the second major mainland insurer to commit $1 billion to US logistics real estate assets in one week, when the Beijing-based giant agreed to take a stake in a warehouse portfolio recently purchased by Singapore’s… Read More>>
Two Child Policy Could Boost Housing Demand and More China Real Estate Headlines 2015-10-31
Every day Mingtiandi scans the web and curates the day’s biggest stories for you. Here’s what we found today:
Will China’s Two-Child Policy Boost Housing Demand?
China’s latest move to scrap its one-child policy buoyed property developer stocks Friday on… Read More>>
GLP Leases 89k Sqm of China Warehouses on Growing Retailer Demand
Global Logistics Properties has leased another 89,000 square metres (958,000 sq ft) of warehouse space in China as the Singapore-based developer of distribution facilities continues its quest to dominate the mainland’s rapidly growing logistics real estate sector.
The developer, which… Read More>>
China Real Estate People in the News 2015-09-14
This week a big five agency continues to turn over its top management by bidding adieu to its senior guy for north Asia, a Kowloon office guy finds a new home, and an agency research catches on with a top… Read More>>
GLP Closes on $7 Bil China Logistics Fund
Global Logistic Properties is doubling down on its investment in China’s logistics real estate market with a new $7 billion fund dedicated to building more distribution centres across the country.
China Logistics Fund II, or CLF II, officially closed today… Read More>>
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