Singapore-listed Global Logistic Properties (GLP) has confirmed that it has initiated negotiations that could lead to the sale of the company as part of a strategic review of its business. The company’s announcement comes after reports surfaced in November that… Read More>>
Developers Set to Launch 5000 Hong Kong Homes in Q1 and More Asia Real Estate Headlines
Hong Kong home prices have been rising just in time for the cities developers to flood the market with 5,000 new units in the first quarter. Also in the real estate headlines today, the mainland’s real estate upswing was good… Read More>>
Co-Working, Superman and China’s Rolling Wave of Cash – Asia’s Top 24 Real Estate Stories of 2016
In 2015 it was defaulting developers and cross-border binging that dominated Asia’s real estate headlines. This year, the defaulting disease seems to have eased, only to be replaced by co-working fever.
Also grabbing investor attention in 2016 were record-setting deals… Read More>>
Warehouse Builder GLP Targets US Acquisitions with $1.5 Bil Fund
Singapore-listed Global Logistic Properties has established a $1.5 billion fund aimed at buying US logistic assets over the next three years.
GLP, which is majority owned by Singaporean sovereign-wealth fund GIC, said its GLP US Income Partners III has already… Read More>>
GLP Hires JP Morgan for Possible $6B Sale Following Reports of CIC Buyout
China’s sliding currency just could be creating a $6 billion opportunity for the owners of warehouse giant Global Logistic Properties.
The Singapore-based logistics developer announced to the Singapore stock exchange late Thursday that it has retained investment bank JP Morgan… Read More>>
CIC Said Bidding for $8.6 Bil Warehouse Developer GLP
In the last few years, China Investment Corporation (CIC) has become known as one of the biggest acquirers of real estate, but now the Chinese sovereign wealth fund may be on its way to owning the world’s biggest collection of… Read More>>
GLP Acquires $1.1B US Warehouse Portfolio and More Asia Real Estate Headlines
Leading the headlines today, Asia’s biggest logistics developer just spread its footprint a bit wider with the $1.1 billion acquisition of a US warehouse portfolio, while one of Hong Kong’s biggest developers may get a bit smaller if its new… Read More>>
JP Morgan Eyes Aussie Assets After $250M Calpers Deal and More China Real Estate Headlines
Fresh off of raising $250 million from CALPers for its Asia Pacific core property fund, JP Morgan appears to be focusing on opportunities in Australia. China’s second-tier cities may hold more promise for SOHO China, however, as the office developer… Read More>>
Leighton-CSCEC JV Wins $1.2B HK Tunnel Deal and More Asia Real Estate Headlines
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>>
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