Hines continues to bet on refrigerated storage as it expands its industrial holdings in Asia Pacific, with the US developer this week announcing a new logistics centre in South Korea as its third cold chain project in the region.
The… Read More>>
Asia Pacific real estate investment news and information
Hines continues to bet on refrigerated storage as it expands its industrial holdings in Asia Pacific, with the US developer this week announcing a new logistics centre in South Korea as its third cold chain project in the region.
The… Read More>>
Having grown its portfolio by 50 percent since its $650 million IPO last December, ESR Kendall Square REIT, South Korea’s first publicly listed logistics trust, has sold 100 percent of a $400 million follow-on equity offering.
The fresh capital raise… Read More>>
New office investment hotspots are emerging across the Asia Pacific region, according to a report released today by the asset management affiliate of Germany’s Deutsche Bank, as technology and life sciences businesses fuel demand for affordable and accessible work spaces… Read More>>
City Developments Ltd (CDL) is set to sell the Hilton Millennium Hotel in Seoul, along with an adjoining site, to local fund manager IGIS Asset Management for KRW 1.1 trillion ($930 million) as the Singapore-listed developer continues to divest loss-making… Read More>>
Investment in Asia Pacific commercial property added $41.9 billion in the third quarter of 2021 to hit a record $137.4 billion for the first nine months of the year, led for the first time by red-hot South Korea, according to… Read More>>
AEW Capital Management has acquired a $538.2 million portfolio of Greater Seoul warehouses to mark its first logistics investment in South Korea, the US-based real estate fund manager said late last week.
Through a forward purchase deal, the asset manager… Read More>>
CapitaLand Investment Ltd has teamed up with PGIM Real Estate and a set of Japanese investors in separate deals establishing a pair of private funds in Japan and South Korea worth S$688 million ($510 million), as the Singapore-based fund manager… Read More>>
Korea Investment Corporation (KIC) announced a senior management shuffle this week, accompanied by the establishment of a future strategy group to boost its strategic planning processes.
Among the leadership changes, Joseph Cha was named head of KIC’s real estate group,… Read More>>
US data centre REIT Digital Realty continues to expand its Asia Pacific footprint, announcing Thursday that it had acquired a land parcel in Seoul to develop its second project in South Korea.
The world’s largest data centre trust plans to… Read More>>
Singapore’s ever-active sovereign wealth fund is back in the news again today as GIC is said to be signing up for a 30 percent slice of Starbucks’ Korea operation, as the American coffee firm exits a joint venture with Shinsegae… Read More>>