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Ming Mei GLP THUMB

GLP’s Gazeley Said Buying Goodman European Portfolio for €1B

2020/02/16 by James Hatton Leave a Comment

Singapore-based Global Logistic Properties (GLP) is reported to be buying Goodman Group’s Central and Eastern European logistics portfolio in a deal said to be worth €1 billion ($1.08 billion).

Asia’s largest warehouse developer and fund manager is said to be… Read More>>

China housing

China Home Sales Plunge 90% in Early Feb and More Asia Real Estate Headlines

2020/02/11 by James Hatton Leave a Comment

Mainland China’s beleaguered housing market leads the way in Mingtiandi’s roundup of Asia real estate headlines today as the market braces for worse to come after home sales plunged 90 percent in the first week of February compared with the… Read More>>

John Pattar KKR

KKR Sells Seoul Logistics Facility to Pebblestone Asset Management

2020/02/04 by James Hatton Leave a Comment

A KKR-led consortium is selling a newly developed logistics facility near Seoul, according to an announcement today by the company, as the rise of South Korea’s e-commerce sector helps drive investor demand for warehouse assets.

The US private equity giant… Read More>>

Ng Kiat Mapletree

Mapletree Sells Japanese Warehouse Facility to REIT for JPY 21.9B

2020/01/29 by James Hatton Leave a Comment

Mapletree Logistics Trust Management has agreed to acquire 98.47 percent of a newly built logistics facility in western Japan’s Kobe as the trust strengthens its portfolio to meet the rising demand for logistics space in the country, according to a… Read More>>

jai mirpuri

ESR Buys Site for 300,000 SQM Northern India Logistics Park

2020/01/29 by James Hatton Leave a Comment

ESR is stepping up its presence in India with the purchase of a development site in the north of the country, as the logistics specialist looks to ride the rising demand for warehousing in the subcontinent.

The Warburg Pincus-backed company… Read More>>

sun dongping New Ease

Warburg Pincus-Backed New Ease in $200M Logistics JV with UK’s Actis

2020/01/16 by Michael Cole Leave a Comment

Shanghai-based industrial developer New Ease acquired a new partner today as the company chaired by ESR co-founder Sun Dongping announced a joint venture with fund manager Actis.

Warburg Pincus-backed New Ease, together with the UK emerging markets specialist, plan to… Read More>>

ESR Jeffrey Shen 1

ESR Announces $500M China Logistics Joint Venture with GIC

2020/01/13 by Michael Cole Leave a Comment

Less than three months after completing a HK$14 billion ($1.8 billion) IPO, ESR continues to raise cash for further expansion, as the logistics developer and fund manager today unveiled a joint venture with Singapore’s GIC.

Warburg Pincus-backed ESR Cayman announced… Read More>>

AXA European Logistics Fund

AXA Wins KRW 130B Korean Commitment to Euro Sheds Fund and More Asia Real Estate Headlines

2020/01/11 by James Hatton Leave a Comment

Warehouses lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that a South Korean pension fund is committing $111 million to a French insurer’s $1.6 billion European logistics fund.

In other news around the… Read More>>

Stuart Gibson ESR

Amazon Leases Nearly Half of ESR Tokyo Area Logistics Centre

2020/01/08 by James Hatton Leave a Comment

ESR has landed Amazon as an anchor tenant for one of its Tokyo area logistics facilities, as the Warburg Pincus-backed specialist continues to capitalise on the demand for logistics space fuelled by the growth of e-commerce in Japan.

The online… Read More>>

lee-kok-sun gic

GIC Pays A$366M to Boost Stake in A$2B Aussie Logistics Trust

2020/01/07 by James Hatton Leave a Comment

GIC has entered 2020 with an A$366.1 million ($253 million) logistics investment, as the Singaporean sovereign wealth fund bets on warehouses for the new year.

The $100 billion fund made its investment by acquiring an additional 24 percent stake in… Read More>>

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