Asia real estate and outbound investment news
Storefriendly, the Asia self-storage operator backed by investment giant Blackstone, introduced its two latest locations this past week at redeveloped properties on Hong Kong Island and in the New Territories.
Storefriendly Tower Island East, completed last October, held a grand… Read More>>
Modern warehouse rents in Hong Kong declined 1.5 percent in the fourth quarter of last year as a slumping logistics market weighed on local third-party logistics (3PL) operators, while sales of stratified industrial space plunged 66 percent during the quarter,… Read More>>
The competition for Hong Kong self-storage assets is heating up, with a Blackstone joint venture on Thursday closing on the purchase of a Kowloon industrial building for HK$850 million ($108.2 million), according to sources familiar with the deal.
A Blackstone… Read More>>
US private equity giant Blackstone on Thursday closed on the purchase of its third Hong Kong industrial building this year, picking up a property in Shau Kei Wan held by the family of late “Shop King” Tang Shing-bor to add… Read More>>
