Asia real estate and outbound investment news
Not yet six months old, ESR Kendall Square REIT has added its second warehouse in the past week, as Korea’s first publicly-listed logistics trust continues to build its portfolio.
The KRX-listed trust announced late Thursday that it had completed the… Read More>>
Savills Investment Management is taking its penchant for Korean partners to another level after its parent company agreed to sell a 25 percent stake in the fund manager to Seoul-based insurance giant Samsung Life for £63.75 million ($90.4 million).
The… Read More>>
The trials of one of Singapore’s largest developers are leading Mingtiandi’s headline roundup again today as local media in South Korea report that the company is in talks to sell the Millennium Hilton Hotel in Seoul for nearly $900 million.
Hines on Tuesday announced the development of Namyang Logistics Center in South Korea, marking the US real estate firm’s second cold storage project in Asia Pacific in the last six months.
The five-storey logistics centre in Hwaseong, a Greater Seoul… Read More>>
Hong Kong-listed logistics giant ESR and Canadian pension fund manager CPPIB will expand their Korea Income Joint Venture, effectively doubling the size of the vehicle to $1 billion in total equity allocation.
The two partners on Thursday announced plans to… Read More>>
Digital Edge is enlarging its regional footprint, with the data centre startup’s first investment in South Korea coming just months after it was established in August last year.
The Singapore-based data centre operator, backed by New York’s Stonepeak Infrastructure Partners,… Read More>>
Hines has brought aboard local veterans to strengthen its teams in Japan and South Korea, as the US-based developer looks to transition from the investment advisory sphere to a focus on acquisitions and development in the two markets.
Joining the… Read More>>
Singapore-listed Mapletree Logistics Trust on Monday announced an agreement to acquire five warehouse assets in South Korea for KRW 280 billion ($250 million), strengthening MLT’s foothold in Asia Pacific’s third-largest e-commerce market.
Situated in the Yongin-Icheon logistics cluster in the… Read More>>
Savills Investment Management on Monday said it had exchanged contracts to acquire a logistics property in Poland for a Korean-backed fund at a price of €65.5 million ($79.6 million).
The transaction is Savills IM’s second on behalf of Vestas European… Read More>>
In today’s roundup of regional news headlines, Seoul records another banner year in office transactions, Singapore developer CapitaLand warns of a likely 2020 loss, and China Evergrande enjoys a sizeable fundraising for its electric vehicle arm.
Seoul… Read More>>
