The ongoing transformation of ESR leads this week’s look at personnel moves from around Asia as the company follows up on a Starwood Capital-led buyout by naming a former executive from the private equity firm to lead Singapore’s Suntec REIT…. Read More>>
LaSalle Appoints Japan, Korea-Based APAC Co-Heads as Claire Tang Heads to Rava
Asia’s real estate investment centre of gravity shifted another degree to the east on Tuesday as LaSalle Investment Management announced the promotion of its Japan and Korea bosses to co-heads of Asia Pacific, as Hong Kong-based Claire Tang puts a… Read More>>
Brookfield Buys LaSalle Stake in Tokyo Commercial Complex as Part of $1.6B Deal
Brookfield Asset Management has acquired a stake in a Tokyo commercial complex, and a Nagoya logistics project, for a total of $1.6 billion, according to a statement this week, as the Canadian giant raises its bets on Asia’s second-largest economy.
Asia Real Estate People in the News 2024-11-18
A Beijing-based investment cadre is heading to Hong Kong to join the city’s government, with that update leading this week’s roundup of personnel moves from Asia’s real estate industry. Also making the list is a retiring vice-chairman at LaSalle and… Read More>>
LaSalle Logiport REIT Selling Greater Tokyo Shed to Japan Core Fund for $87M
LaSalle Logiport REIT has agreed to sell a Greater Tokyo warehouse to LaSalle Investment Management’s Japan core fund for JPY 13 billion ($87 million).
LaSalle Japan Property Fund will acquire Logiport Kawagoe in Saitama prefecture with two instalment payments of… Read More>>
US Builder Cabot Expands Into Sydney With $92M Shed Buy From LaSalle
Cabot Properties has purchased a two-storey warehouse in suburban Sydney from LaSalle Investment Management for A$137.6 million ($91.8 million), marking the US logistics builder and fund manager’s first acquisition in the Harbour City.
The newly built shed in the Matraville… Read More>>
TE Capital, LaSalle JV Sells Pair of Orchard Road Floors in Singapore
Just over a half-year after closing on the $331 million purchase of a commercial building in Singapore’s Orchard Road area, a joint venture of private equity shop TE Capital Partners and LaSalle Investment Management has sold a pair of floors… Read More>>
LaSalle Buys Seoul Mega Sheds for $450M as Korean Deals Stay Hot
LaSalle Investment Management has acquired a pair of logistics facilities in Greater Seoul for a total of $450 million, as the US firm continues to chalk up deals in South Korea.
The two large, dry-only sheds are located next to… Read More>>
TE Capital, LaSalle, Metro in Due Diligence for Sale of First Units in Orchard Area Project Sponsored Feature
TE Capital Partners, LaSalle Investment Management and Metro Holdings Limited (as a capital partner of the TE Capital-managed vehicle), are closing in on the first sales of units in their Visioncrest Orchard, a commercial project in the heart of Singapore’s… Read More>>
LaSalle Korean JV Paying $110M to Acquire Discounted Gangnam Office Site
LaSalle Investment Management has teamed up with a local investor and developer to acquire a commercial site in Seoul for KRW 155 billion ($110 million), as the Korean capital’s office towers continue to be a top draw with investors globally.
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