Asia real estate and outbound investment news
Monoful Venture Partners, a Japan-focused venture capital arm of industrial property giant GLP, has reached a first closing of its maiden fund with JPY 12.9 billion ($96 million) in commitments.
Founded this year, MVP invests in growth-stage start-ups in Japan’s… Read More>>
GLP’s Japan-focused REIT has sold a fully occupied warehouse northwest of Tokyo at a price 25 percent higher than the asset’s appraised value, as investors seeking stable cash flow and low-risk returns continue to bet on Japan’s logistics sector.
Located… Read More>>
In today’s roundup of regional news headlines, Blackstone’s CEO offers an explanation for surging redemptions in the firm’s non-listed REIT, and developer China Aoyuan reveals plans to sell a stake in its property services unit.
Blackstone Boss… Read More>>
A director change at a Singapore-listed REIT leads this week’s collection of personnel moves from around the region, as Singapore’s CDL sees the departure of its chief investment officer. There’s also a new finance boss at Hong Kong-listed Kerry Properties,… Read More>>
GLP on Friday announced the final closing of the seventh fund in the warehouse specialist’s China income fund series with RMB 5.4 billion ($743 million) in assets under management, coming less than a month after the final closing of the… Read More>>
GLP on Tuesday announced the first closing of the fourth fund in its China value-add series, with Dutch investment manager APG and other institutional partners having committed $1.2 billion in equity to the strategy.
GLP China Value-Add Partners IV will… Read More>>
GLP on Monday announced the final closing of its sixth China income fund with RMB 7.6 billion ($1.05 billion) in assets under management, as the industrial specialist demonstrates its ability to raise funds from local institutions aiming to benefit from… Read More>>
Scepticism of Chinese property companies may now be spreading even to the much admired logistics sector as a credit rating giant unveils a dimming outlook for GLP. Also in the news today, Evergrande has $4.5 billion of fresh debt trouble… Read More>>
Swire Properties is in talks to sell an warehouse in Hong Kong’s Tsing Yi area for a reported HK$1.08 billion ($137.5 million) this month, with local media accounts having identified the buyer as Asian warehouse giant GLP.
“Swire Properties intends… Read More>>
In today’s roundup of regional news headlines, a property services unit of China Vanke lines up a billion-dollar IPO, Singapore-based GLP buys a California warehouse, and the Hong Kong bourse asks Evergrande to ensure management integrity before stock trading can… Read More>>
