Asia real estate and outbound investment news
Industrial specialist ESR is adding to its Australian pipeline with the acquisition of a site near the future Western Sydney airport for A$70 million ($45 million).
With 4.1 million square metres (44 million square feet) of warehouse space already developed… Read More>>
Industrial giant ESR has announced a first closing of A$540 million ($352.6 million) for the second iteration of its Australian develop-to-hold logistics partnership alongside GIC, with the Singapore sovereign wealth fund committing A$490 million as the strategy’s cornerstone investor.
The… Read More>>
Industrial specialist ESR has expanded its footprint in Greater Melbourne with the acquisition of five income-producing properties via a GIC-backed fund for A$106.5 million ($73.5 million).
The assets in the suburbs of Truganina, Kilsyth, Keysborough, Port Melbourne and Dandenong in… Read More>>
ESR Australia has kicked off development of a logistics project occupying a 79 hectare (195 acre) site in suburban Melbourne and secured France-based CEVA Logistics as an anchor tenant, according to its top official.
Best known as the shipping provider… Read More>>
ESR is set to expand its $25.4 billion in assets under management in Australia with a newly formed A$1 billion ($692 million) develop-to-hold logistics fund partnership with Singapore’s GIC.
“We’re seeing an increasing appetite from our capital partners for logistics… Read More>>
ESR has announced the launch of a joint venture set to be worth A$1 billion ($610 million) to develop logistics and industrial facilities, after executing the company’s largest capital raising to date in Australia.
An undisclosed global institutional investor has… Read More>>
ESR announced this week an A$138 million ($94 million) mandate which offers the Warburg Pincus-backed logistics specialist an opportunity to raise fresh capital by offering investors access to a set of its Australian business parks and other industrial assets.
The… Read More>>
Newly listed ESR has acquired a development site in eastern Australia for A$142.5 million ($99 million), valuing its development pipeline in Australia at A$1.8 billion, according to a company announcement.
The Warburg Pincus-backed logistics specialist has zeroed in on the… Read More>>
Warburg Pincus-backed ESR has clinched a deal to buy out Sydney-based real estate investment manager Propertylink in a deal that values the Australian company at A$723.4 million ($522.51 million), according to an announcement by Propertylink to the Australian stock exchange.
Pan-Asian warehouse investment platform ESR has gone full APAC with its A$102.5 million ($76 million) buyout of Australian real estate heavyweight Charter Hall’s Commercial & Industrial Property Pty Ltd (CIP), as part of the group’s formal establishment of ESR Australia.
In… Read More>>
