Asia Pacific real estate investment news and information
Asia Pacific self-storage operator StorHub Group has acquired a trio of Sydney facilities valued at more than A$110 million ($72.6 million), as the Warburg Pincus-backed company continues to expand after entering Australia earlier this year.
The deal marks one of… Read More>>
Just over one month after expanding into its seventh major market, StorHub Group on Tuesday announced the hiring of Raju Ruparelia as CEO, succeeding Mike Hagbeck at the helm of the Asia Pacific self-storage operator.
Hagbeck, co-founder and CEO for… Read More>>
Asia Pacific self-storage operator StorHub Group on Thursday announced its expansion into Australia, with the Warburg Pincus-backed company touting $300 million in equity commitments to support the Down Under business unit.
The Aussie platform is seeded with five assets in… Read More>>
Korea’s growing presence on the global investment stage leads today’s roundup of headlines from around the region, with the country’s sovereign fund investing in a US private equity fund. Also in the news, Evergrande’s woes continue with a missed onshore… Read More>>
Warburg Pincus has expanded its Asia footprint in one of real estate’s hottest asset classes as the private equity firm’s Storhub self-storage takes over a Japanese rival.
Singapore-based Storhub has now completed its acquisition of Storage Plus Corp, which has… Read More>>
Heitman exited a self-storage joint venture in Singapore with the sale of Mandarin Self Storage to Warburg Pincus-backed StorHub late last year for an estimated S$230 million ($172.2 million), Mingtiandi has learned.
The sale came after the Chicago-based… 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>>
Singapore’s StorHub has acquired a building which formerly housed retailer Leroy Merlin’s Beijing flagship store as the Warburg Pincus-backed self-storage operator continues to expand its presence in mainland China.
The deal will add a third Beijing location and the 17th… Read More>>
Top fund managers continue to snatch up properties to expand self-storage businesses in Asia’s biggest markets, with Warburg Pincus-backed Storhub having expanded its holdings in a Hong Kong industrial building for the second time in two months and the third… Read More>>
A Warburg Pincus-backed self-storage operator continues to expand its presence in Hong Kong with a Kowloon acquisition which marks its fourth reported purchase of new space in the city so far this year.
Storhub, which ranks as Singapore’s largest self-storage… Read More>>
