Canada’s QuadReal invests with Sydney-based GPT in an Australian shed portfolio, with that deal leading today’s headline roundup. Also making news, Singaporean giant GIC buys a Texas mixed-use complex and Hillhouse Investment prepares to launch its first private credit fund.
British Columbia, Ontario Pension Funds Call China Investment Pause
Testifying last week in front of a Canadian parliamentary committee investigating the country’s relationship with China, leaders of two of Canada’s largest public pension funds said they have paused direct mainland investments as tensions rise between Beijing and Ottawa.
Stephen… Read More>>
Asia Real Estate People in the News 2022-10-10
Developers, pension funds and data centres lead this week’s wave of personnel news as a mainland logistics firm appoints a member of the New World clan to its board, British Columbia’s Quadreal introduces a new head of research for the… Read More>>
QuadReal Teams With IGIS Asia on $1B Korean Logistics Development JV
Canada’s QuadReal Property Group and Singapore-based IGIS Asia Investment Management have formed a $1 billion joint venture to develop logistics assets in South Korea, home to IGIS AIM’s parent group.
QuadReal will provide the majority of the JV’s capital, with… Read More>>
CapitaLand’s CLCT Buys Four Mainland Warehouses From Quadreal for $260M
Singapore-listed CapitaLand China Trust Management (CLCT) has acquired four warehouse assets across key cities in China for RMB 1.68 billion ($260 million) as the company makes its first venture into the region’s logistics market in line with CapitaLand Group’s growing… Read More>>
GLP Reunites with CPPIB, QuadReal to Boost European Fund to $4.9B; Completes China IPO
GLP is upsizing its European logistics development venture with its pair of Canadian partners, aiming to boost assets under management to €4 billion ($4.9 billion) from the original target of €2 billion.
The logistics giant announced Monday that the Canada… Read More>>
Canada’s QuadReal Sets Up $1B China Logistics Partnership with New Ease
Warburg Pincus-backed logistics platform New Ease has entered a partnership with Canadian pension fund manager QuadReal Property Group to invest in and develop logistics properties in Chinese cities, with a total equity commitment of up to $1 billion.
The partnership,… Read More>>
ARA-QuadReal JV Confirms First Aussie Office Acquisition
ARA Asset Management together with the property arm of British Columbia Investment Management today announced their acquisition of a Melbourne office development valued at A$330 million ($218 million), confirming a Mingtiandi report from earlier this month.
In a joint statement,… Read More>>
Quadreal Backing ARA Acquisition of A$300M Melbourne Office Project
ARA Asset Management is said to be close to completing the acquisition of a Melbourne office development which is projected to be worth in excess of A$300 million ($201 million) once completed.
A source close to the transaction confirmed to… Read More>>
Asia Real Estate People in the News 2020-01-13
Asia’s real estate professionals are starting 2020 with a flurry of new roles as the mis-adventures of Japanese venture capital firm SoftBank help drive the largest portion of Mingtiandi’s list of job switches from around the region. In India, Oyo… Read More>>