Singapore-based logistics investment firm The Redwood Group recently expanded its senior management team by bringing on Dr. Michael de Jong-Douglas as the group’s new managing director. The hire comes as global and regional players place increased focus on opportunities for… Read More>>
APG to Buy 20% of Warburg Pincus-Backed e-Shang for $650M
Dutch pension fund asset manager APG Asset Management announced late last week that it is committing up to $650 million to acquire 20 percent of China warehouse developer and operator e-Shang, and to set up a joint venture with the… Read More>>
Logistics Developer Gazeley Now Part of $3.5B Global Group
Brookfield, one of the world’s largest owners, operators and investors in best-in-class real estate around the globe, this week announced the creation of a new brand for its $3.5bn global logistics property platform.
The group, which is now called IDI… Read More>>
Gazeley Announces 77,000 Sqm Logistics Project in Wuxi
Logistics real estate developer Gazeley recently announced plans to set up a new 77,000 square metre distribution centre in the city of Wuxi in China’s Jiangsu province as the country’s retail boom continues to fuel demand for logistics space.
According… Read More>>
Shanghai Cutting Industrial Land Grants to 20 Years with New Rules
In a shift with major implications for Shanghai’s manufacturing sector and for the prospects of logistics developers, the government of China’s commercial capital is readying sweeping changes in industrial land use rights, that include cutting back land use terms to… Read More>>
LaSalle Sells Chengdu Logistics Project to Ping An
An investment fund belonging to LaSalle Investment Management has agreed to sell its 100 percent share in a 90,000 square metre warehouse project in Chengdu, Sichuan province, to Ping An Real Estate as demand for logistics assets in China continues… Read More>>
Temasek and RRJ Capital Bet $250M on China Warehouse Builder Yupei
China’s booming logistics real estate sector received another vote of confidence last week when an investment firm linked to Temasek Holdings and Hong Kong-based private equity firm RRJ Capital invested $250 million into warehouse developer Yupei.
Yupei, which last year… Read More>>
Australia’s Goodman Group to Build 22k Sqm Warehouse in Chongqing
Australian industrial developer Goodman Group announced this week that it has signed an agreement to develop a 22,000sqm built-to-suit facility for Best Logistics Technology (Hangzhou) Co. Ltd in Chongqing, China.
The new project will be located in the new Goodman… Read More>>
Vanke Teaming with Blackstone to Explore China Warehouse Market
Vanke, the country’s largest property developer by revenue, is holding discussions with private equity giant Blackstone Group about a real estate fund to pursue opportunities in China’s logistics real estate sector, a senior company official revealed over the weekend.
The… Read More>>
GLP Signs 39,000 Sqm in Leases, Including New Vanke Deal
Warehouse developer Global Logistic Properties Limited (GLP) has signed three new lease agreements totaling 39,000 square meters (420,000 square feet) in Xi’an, and Suzhou.
The leases, with three different companies, in two separate cities, include an agreement to provide warehouse… Read More>>
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