Asia real estate and outbound investment news
GLP Capital Partners has reached the final closing of the eighth edition of its China onshore income fund series, amassing equity commitments of RMB 2.6 billion ($360 million).
The capital for the long-term vehicle was raised from a group of… Read More>>
Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese private equity major as the buyer of a set of five industrial facilities in the city-state sold by ESR-Logos REIT last… Read More>>
ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined S$337 million ($250 million), allowing the SGX-listed trust to reduce its debt and lower gearing.
The REIT’s manager said on Friday that… Read More>>
Phoenix Property Investors is adding sheds to its growing footprint in Australia’s property industry as the Hong Kong-based shop unveils plans to develop a 30-hectare (74-acre) industrial and logistics park in Sydney with blue-chip local builder Lendlease.
The partners on… Read More>>
ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 million) as the REIT makes space in its portfolio for a pair of newly built facilities.
The Korea-listed REIT announced… Read More>>
LaSalle Investment Management on Wednesday announced the acquisition of two warehouses in Icheon on behalf of a Korean logistics joint venture between the firm and an unnamed Middle Eastern sovereign wealth fund.
The warehouses are run by LaSalle’s Logiport logistics… Read More>>
Blackstone has agreed to buy out the remaining warehouse business of Mumbai-based Allcargo Logistics by taking full ownership of a set of companies said to hold 5.5 million square feet (511,000 square metres) of properties.
The US fund management giant… Read More>>
Solving the big challenges in real estate logistics demands a much larger and more sophisticated group of players than it did in the past. And that’s why the region’s real estate frontrunners are eyeing off ecosystems, says Yardi’s Bernie Devine.
Global investors are turning to Asia’s emerging logistics markets as manufacturers look to diversify their networks and e-commerce continues to mature in India and the fast-growing economies of Southeast Asia presenting an opportunity for yield from growing consumer spending.
Tokyo’s warehouse market grew by over 2 million square metres in 2022, according to JLL, as demand from 3PLs and e-commerce operators remain strong. Adding further to potential for modern logistics in Asia’s second largest economy are Japan’s underserved… Read More>>
