Asia real estate and outbound investment news
CBRE Investment Management is ramping up its presence in Japan’s logistics market, with plans to develop a multi-tenant warehouse in the Tokyo area on behalf of the investment giant’s $1.74 billion shed-focused fund.
Completion of the 47,300 square metre (509,133… Read More>>
Indian logistics developer IndoSpace has reached a first closing of its fourth development fund on the strength of a $205 million anchor investment from a longtime ally, the Canada Pension Plan Investment Board.
IndoSpace Logistics Parks IV is targeting $600… Read More>>
Cushman & Wakefield’s Japan-based asset management arm has acquired a development site for a warehouse in the northern reaches of Greater Tokyo, marking the latest addition to the firm’s pipeline of six planned logistics projects in Asia’s second-largest economy.
The… Read More>>
M&G Real Estate Asia has acquired an additional one-third interest in an ESR Greater Tokyo distribution centre for JPY 34 billion ($267 million), giving the Asian division of the British asset manager a majority stake in one of ESR’s largest… Read More>>
Fund manager ESR is buying into the Vietnam growth story by taking an equity stake in its local partner BW Industrial as part of a funding round which could raise up to $450 million for the Ho Chi Minh City-based… Read More>>
Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for Keppel’s China logistics fund.
The warehouse in Dongxihu district of Wuhan is the first of a planned series of joint investments by the fund… Read More>>
Mainland regulators have given the green light for a real estate investment trust under Chinese e-commerce giant JD.com to list on the Shanghai Stock Exchange, marking the country’s third significant warehouse REIT as demand for logistics space continues to grow.
Mapletree Logistics Trust is selling an ageing warehouse near Singapore’s Changi International Airport to a local furniture retailer for S$22 million ($16.34 million), freeing up cash to invest in fresh assets, according to a bourse filing late Tuesday.
The trust’s… Read More>>
ESR on Friday announced the completion of a warehouse complex in the eastern Chinese city of Wenzhou to serve industrial manufacturing and logistics storage clients.
Located in the Wenzhou Ruian Economic Development Zone in Zhejiang province, ESR Wenzhou Ruian Logistics… 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>>
