Spanish warehouses lead today’s look at real estate news from around Asia Pacific as a Singapore-listed REIT moves into a new European market. Also making the list are a Japanese logistics deal and Singapore developer CDL managing to triple its… Read More>>
Macquarie’s UIB REIT Buys Out Metro Fund Stake for $158M and More APAC Real Estate Headlines
Preparations for a Singapore industrial REIT lead today’s look at real estate news from around the region as Macquarie Asset Management consolidates ownership of the REIT portfolio ahead of an IPO. Also making the list are a Hong Kong land… 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>>
LaSalle Sells Greater Seoul Shed to Korea’s PAMCO for $95M
LaSalle Investment Management has sold a logistics facility on the outskirts of Seoul to local fund manager Pacific Asset Management Co. (PAMCO) for KRW 125 billion ($95 million).
LaSalle sold the 39,927 square metre (429,770 square foot) Logiport Osan Logistics… Read More>>
LaSalle Logiport REIT Buying Stake in 3 Japanese Warehouse Projects
LaSalle Logiport REIT has agreed to buy a stake in three Japanese warehouse assets for a total of JPY 570 million ($4.3 million).
LaSalle Investment Management’s Tokyo-listed trust will acquire an 11 percent equity interest in a silent partnership that… Read More>>
GLP’s Japan REIT Chalks Up $30M Greater Tokyo Warehouse Sale
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>>
LaSalle Rolls Out New Logistics Facilities in Shanghai, Suzhou and Jiaxing
LaSalle Investment Management has beefed up its portfolio with the on-time completion of three multi-level logistics facilities in Shanghai and the surrounding area.
The new Grade A facilities, totalling 194,000 square metres (2.1 million square feet) of logistics space —… Read More>>
LaSalle Closes Share Sale to Fund JPY 76B Japanese Logistics Buy
One of Asia Pacific’s largest managers of logistics real estate assets this month put a coda on its latest Japan acquisition by announcing new equity funding for a purchase of stakes in four warehouse assets near Tokyo and Osaka.
LaSalle… Read More>>
Mitsubishi Estate Logistics REIT Buying Japanese Warehouse Portfolio for JPY 2.8B
Mitsubishi Estate Logistics REIT Investment Corp (MEL REIT) has agreed to buy four logistics facilities across Tokyo, Osaka and Nagoya for JPY 28.4 billion ($266.6 million), and increase its stake in another, as it seeks to tap growing demand for… Read More>>
LaSalle Raises $681M for First Closing of China Logistics Fund
LaSalle Investment Management has raised $681 million for a China warehouse development and management fund, as the JLL affiliate seeks to capitalise on growing demand for logistics facilities on the mainland.
The Chicago-based fund manager announced the first closing of… Read More>>