Asia real estate and outbound investment news
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>>
Senior management shifts at some of mainland China’s largest real estate firms lead Mingtiandi’s collection of people moves this week with major changes at China Vanke and department store operator Golden Eagle Retail.
There are also some familiar faces showing… Read More>>
Stories from Bangalore to Brooklyn make their way into Asia’s real estate world today – with a brief stop over in the Bay Area (just the standard Bay Area, without any proclamations of Great-ness).
In Bangalore, Blackstone-backed Embassy Office Parks… Read More>>
Hong Kong’s bubbly property market set a new mark this month, with a major property consultancy saying downtown office rents have hit their highest level in over a decade. Also in the news, CapitaLand’s Ascott buys up an Aussie partner… Read More>>
Leading this week’s list of property professionals finding new homes, or just upgrading their pay packets, is a real estate finance veteran taking the top money job at a southern Chinese developer. Also getting their turns in the spotlight, a… Read More>>
