Asia real estate and outbound investment news
A joint venture of Logos and Sime Darby Property has reached a final closing of its fund targeting development of logistics assets in Malaysia, with the vehicle attracting MYR 1 billion ($213 million) in committed capital.
The fundraising haul will… Read More>>
Industrial specialist Logos and Sime Darby Property have secured a deal with a regional express delivery provider to lease more than a fifth of the space in the pair’s maiden project in Malaysia.
J&T Distribution Solution, which operates in Southeast… Read More>>
A warehouse development joint venture of Logos and Sime Darby Property broke ground Friday on the partnership’s maiden asset, E-Metro Logistics Park in Malaysia.
Situated within Sime Darby’s Bandar Bukit Raja township in Klang, Selangor, the park is the first… Read More>>
In today’s roundup of regional news headlines, a Softbank-owned investment firm is reportedly seeking to buy Japanese department store Sogo & Seibu, an acquisition deal for Singapore’s Sime Darby Business Centre collapses, and the fate of a crypto investor’s luxury… Read More>>
A joint venture of Logos and Sime Darby Property has achieved a first closing of its investment vehicle targeting development of logistics assets in Malaysia after securing 70 percent in capital commitments for a fund size of up to $250… Read More>>
In today’s roundup of regional news headlines, cash-strapped Shimao Group reportedly seeks a multi-year extension to repay over $900 million owed on high-yield trust products, Hong Kong boss Carrie Lam asks the city’s big developers to provide space for isolating… Read More>>
Top level moves at some of the world’s largest money managers lead Mingtiandi’s collection of personnel changes this week with major appointments and renewals happening at UBS, Apollo Global Management and Korea Teacher Pension. Asia’s developer community are also on… Read More>>
Industrial developer Logos continues to find fertile ground for expansion in Malaysia, where the Australian firm has teamed up with a unit of local conglomerate Sime Darby on a fund management platform for developing and investing in “build-to-suit to lease… Read More>>
SGX-listed AIMS APAC REIT on Wednesday announced plans to acquire Sime Darby Business Centre on the western fringe of Singapore’s urban core for S$102 million ($76.6 million) as part of a sale-leaseback deal.
Consisting of a five-storey light industrial building… Read More>>
Singaporean property developer Tuan Sing Holdings has agreed to purchase the Sime Darby Centre commercial building from Stephen Schwarzman’s Blackstone and Malaysia’s Sime Darby Group for S$365 million ($260 million), according to a statement from Tuan Sing to the Singapore… Read More>>
