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Darren Searle Logos

Logos Seeks Buyer for Stake in $2B Australian Industrial Portfolio

2023/03/27 by Christopher Caillavet Leave a Comment

Industrial developer Logos is shopping a stake in its A$3 billion ($2 billion) Australian portfolio in what could be the biggest logistics property deal Down Under in two years.

The move by Sydney-based Logos is said to be giving the… Read More>>

jeffrey perlman ESR

ESR Grew Earnings 10% to $1.2B in 2022, AUM Hit Record High

2023/03/22 by Beatrice Laforga Leave a Comment

Growth in fee income and disposals of non-core assets helped propel developer and fund manager ESR Group to a 10 percent increase in profit last year, despite challenging market conditions, according to financial results released by the company on Wednesday.

… Read More>>

Andrew Lee of BlackRock

BlackRock Ups Stake in Mapletree Logistics Trust, Becoming Substantial Unitholder

2023/03/07 by Greg Isaacson Leave a Comment

BlackRock Inc. has become a substantial investor in Mapletree Logistics Trust, the Singapore-based industrial specialist, as the US asset manager continues to target the city-state’s industrial sector.

Through one of its subsidiaries, BlackRock acquired just under 1.8 million units of… Read More>>

Chang Rui Hua ESR

ESR Gets Green Light from Hong Kong Exchange for Proposed Logistics C-REIT

2023/03/06 by Greg Isaacson Leave a Comment

The Stock Exchange of Hong Kong has approved ESR’s proposed spin-off of three mainland logistics projects and their potential listing through a China REIT on the Shanghai Stock Exchange, marking a step forward in the planned transaction as the recently… Read More>>

Black Kite founder Richard Brooks

China’s Black Kite Adds Four Jiangsu Warehouse Projects to Pipeline

2023/03/06 by Greg Isaacson Leave a Comment

Chinese logistics specialist Black Kite is expanding its footprint in the Yangtze River Delta, embarking on four new warehouse projects totalling 441,275 square metres (more than 4.7 million square feet) in recent weeks, as industry insiders flag continued growth in… Read More>>

Yoshiyuki Chosa of GLP

GLP Buys Multi-Level Osaka Warehouse Through Japan Income Fund

2023/02/14 by Greg Isaacson Leave a Comment

Asia’s biggest logistics developer GLP has acquired a recently built multi-level warehouse east of Osaka, adding to the company’s $125 billion global portfolio as shed vacancy remains below 2 percent in the Japanese city.

The Singapore-based company purchased the roughly… Read More>>

Adrian Baker, president and chief investment officer of APAC direct real estate at CBRE IM

CBRE IM to Develop Greater Tokyo Warehouse Through $1.7B Fund

2023/02/01 by Greg Isaacson Leave a Comment

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>>

Hari Krishna of CPPIB

GLP-Backed IndoSpace Gets $205M Boost From CPPIB for Fourth Development Fund

2023/01/30 by Christopher Caillavet Leave a Comment

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>>

LF Kazo C&W

Cushman & Wakefield Buys Site for Greater Tokyo Warehouse

2023/01/25 by Christopher Caillavet Leave a Comment

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>>

Richard van Den Berg

M&G Takes Majority Ownership of ESR Greater Tokyo Warehouse for $267M

2023/01/19 by Beatrice Laforga Leave a Comment

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>>

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