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>>
GDS Buys Shanghai Data Centre Site From Mapletree Trust for RMB 330M
GDS Holdings Limited has acquired a bonded warehouse in Shanghai that it plans to convert into a data centre, as the company continues to ramp up its capacity in mainland China in the face of rising demand for cloud services… Read More>>
Mapletree Buys Brisbane Logistics Site for A$95M and More Asia Real Estate Headlines
A Singapore-listed real estate investment trust leads the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that the REIT has purchased a logistics development site down under for $64 million.
In other news around the… Read More>>
WeWork Laying Off 2,400 Staff and More Asia Real Estate Headlines
Mass redundancies lead the way in Mingtiandi’s roundup of Asia real estate headlines today with the news that an out-of-control co-working giant is shedding 17 percent of its workforce as the company scrambles to stem losses.
In other news around… Read More>>
Mapletree Logistics Buying 10th Aussie Shed for A$105M
The manager of Singapore-listed Mapletree Logistics Trust has agreed to spend A$105.0 million ($74.5 million) to add a distribution centre in Brisbane, Australia to the trust’s existing portfolio of logistics facilities, according to an announcement by the company to the… Read More>>
HNA Sells Five Singapore Warehouses to Mapletree Logistics Trust for $535M
A unit of HNA Group has agreed to sell a set of five Singapore warehouses to Mapletree Logistics Trust for S$730 million ($535 million) less than seven months after acquiring the assets, according to an announcement by Mapletree on July 5th.
Mapletree Logistics Trust Buys Out Hong Kong Project for $78M
Singapore-listed Mapletree Logistics Trust is acquiring the remaining 38 percent of a logistics property in Sha Tin for HK$610 million ($78 million) and will now fully-own the strata-titled distribution facility in the residential and industrial district of Hong Kong’s northern… Read More>>
SG Private Home Sales Jump 165% in One Year and More Asia Real Estate Headlines
At the top of today’s headlines, Singapore’s housing market has rebounded with a 165 percent jump in the volume of private housing sold compared to a year ago. The housing sales surge has led to what could be the island… Read More>>
Mapletree Logistics Trust Buys Prime Hong Kong Warehouse for $618M
Singapore-listed Mapletree Logistics Trust (MLT) will add to its collection of 125 logistics assets by acquiring Mapletree Logistics Hub Tsing Yi, a modern warehouse in Hong Kong, for HK$4.8 billion ($617.6 million). The REIT, which is managed by an… Read More>>
