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Jonathan Callaghan

Value Partners Buying $30M Half-Stake in Italian Logistics Portfolio From Cromwell

Jonathan Callaghan

2023/07/03 by Christopher Caillavet Leave a Comment

Australia’s Cromwell Property Group has agreed to a joint venture with Value Partners Group that will see the Hong Kong-based asset manager acquire a 50 percent stake in Cromwell’s portfolio of seven logistics assets in northern Italy.

The sale is… Read More>>

Australia’s Cromwell Property Group has agreed to a joint venture with Value Partners Group that will see the Hong … Read more>>>

Yoshiyuki Chosa of GLP

GLP Japan Development Fund Picks Up Suburban Tokyo Plot for Next Alfalink Megaproject

Yoshiyuki Chosa of GLP

2023/06/26 by Christopher Caillavet Leave a Comment

GLP’s Japan Development Partners IV fund has acquired a plot in a western suburb of Tokyo for the latest super-sized logistics facility in the industrial specialist’s Alfalink series.

At 350,000 square metres (over 3.7 million square feet), the land buy… Read More>>

GLP’s Japan Development Partners IV fund has acquired a plot in a western suburb of Tokyo for the latest super-sized … Read more>>>

ESR-Logos REIT chief executive Adrian Chui

ESR-Logos REIT Offloads Seven Singapore, Australia Industrial Assets for $250M 

ESR-Logos REIT chief executive Adrian Chui

2023/06/25 by Beatrice Laforga Leave a Comment

ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined S$337 million ($250 million), allowing the SGX-listed trust to reduce its debt and lower gearing.

The REIT’s manager said on Friday that… Read More>>

ESR-Logos REIT is selling six industrial assets in Singapore and another logistics facility in Australia for a combined … Read more>>>

Phil Pearce of ESR

ESR-GIC JV Buys Sydney Industrial Plant to Develop $301M Logistics Project

Phil Pearce of ESR

2023/06/22 by Beatrice Laforga Leave a Comment

ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, with the partners planning to invest at least A$443 million ($301 million) to develop a multi-storey logistics facility on the… Read More>>

ESR has acquired a manufacturing plant in Sydney’s Botany Bay area on behalf of a joint venture with Singapore’s GIC, … Read more>>>

Bonny Setiawan

NWP-Backed Indonesia Logistics Platform Breaks Ground on Pair of Projects

Bonny Setiawan

2023/06/21 by Christopher Caillavet Leave a Comment

Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has broken ground on two logistics projects with a planned 165,000 square metres (1.8 million square feet) of net leasable area.

The pair of projects — a… Read More>>

Cella Management Logistics, an Indonesia-focused industrial platform backed by Jakarta-based developer NWP Property, has … Read more>>>

Jeffrey Shen of ESR

ESR Completes Chengdu Industrial Park as Group’s First Purpose-Built Cold Chain Facility

Jeffrey Shen of ESR

2023/06/20 by Christopher Caillavet Leave a Comment

ESR has finished construction of its first purpose-built cold storage facility at the ESR Chengdu Qingbaijiang Cold Chain Industrial Park in China’s Sichuan province.

Completed in early 2023, the park comprises single- and multiple-storey cold storage facilities with a total… Read More>>

ESR has finished construction of its first purpose-built cold storage facility at the ESR Chengdu Qingbaijiang Cold … Read more>>>

Trent Winduss, Partner, Head of Australia Investments, Head of Asia Structured Debt Investments, Phoenix Property Investors

Phoenix Expands Aussie Bets With $126M Lendlease Industrial JV in Sydney

Trent Winduss, Partner, Head of Australia Investments, Head of Asia Structured Debt Investments, Phoenix Property Investors

2023/06/15 by Beatrice Laforga Leave a Comment

Phoenix Property Investors is adding sheds to its growing footprint in Australia’s property industry as the Hong Kong-based shop unveils plans to develop a 30-hectare (74-acre) industrial and logistics park in Sydney with blue-chip local builder Lendlease.

The partners on… Read More>>

Phoenix Property Investors is adding sheds to its growing footprint in Australia’s property industry as the Hong … Read more>>>

Icheon LP 1

ESR Kendall Square REIT Sells Greater Seoul Warehouse to Koramco for $63M

Icheon LP 1

2023/06/14 by Beatrice Laforga Leave a Comment

ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 million) as the REIT makes space in its portfolio for a pair of newly built facilities.

The Korea-listed REIT announced… Read More>>

ESR Kendall Square REIT has sold a warehouse southeast of Seoul to Koramco Asset Management for KRW 81 billion ($63.4 … Read more>>>

Rui Yu Jd Logistics

JD Logistics Touts World’s Largest Smart Shed Outside Shanghai

Rui Yu Jd Logistics

2023/06/14 by Christopher Caillavet Leave a Comment

JD.com on Wednesday launched the second phase of its logistics arm’s massive warehouse complex west of Shanghai, bringing the total floor area to more than 500,000 square metres (5.4 million square feet).

Equipped with integrated warehousing and sorting capabilities, Kunshan… Read More>>

JD.com on Wednesday launched the second phase of its logistics arm’s massive warehouse complex west of Shanghai, … Read more>>>

Ming Mei

GLP C-REIT Raises $260M to Buy Three Mainland Sheds as Deleveraging Questions Loom

Ming Mei

2023/06/08 by Christopher Caillavet Leave a Comment

GLP on Tuesday announced the completion of a RMB 1.85 billion ($260 million) follow-on equity offering by its China REIT to acquire three logistics facilities, as the industrial specialist continues to flex its fundraising muscle despite analyst concerns about its… Read More>>

GLP on Tuesday announced the completion of a RMB 1.85 billion ($260 million) follow-on equity offering by its China REIT … Read more>>>

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MTD TV

Fion Ng of BW Industrial
Warburg Pincus, BW and NWP Report Strong Industrial Markets in Vietnam, Indonesia
ESR, Nuveen, EdgeConneX, JLL See Room For Growth In Japan, Korea Data Centres: MTD TV

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People in the News

Michael Smith Hongkong Land
Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues
Cheng Kar-Shun, NWD
New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate
Rahul Pandit
Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs
sanjiv-aggarwal- Actis
Asia Real Estate People in the News 2023-11-20

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People in the News

Hongkong Land Names Mapletree’s Smith Chief Executive as Office Slump Continues

Michael Smith Hongkong Land

The biggest landlord in Hong Kong’s Central district is headed to a second straight year of declining profits and the … Read More>>

New World’s Henry Cheng Says Searching for Successor, May Opt for External Candidate

Cheng Kar-Shun, NWD

Hong Kong property and retail tycoon Henry Cheng Kar-shun says he is still looking for a successor to run the family’s … Read More>>

Blackstone in Need of New CEO for India Industrial Platform as Rahul Pandit Departs

Rahul Pandit

Having established a portfolio of 17 industrial developments across eight major markets in India, Blackstone is looking … Read More>>

Asia Real Estate People in the News 2023-11-20

sanjiv-aggarwal- Actis

India’s de facto sovereign fund leads this week’s review of personnel moves from around the region with news reports … Read More>>

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