DWS acquires interest in cold storage facility in Queensland
German asset manager DWS has acquired a 50% freehold interest in a prime, refrigerated distribution centre located in Parkinson, Queensland for AUD $134.2 million,...
China’s KaiLong closes USD fund II at $575m
China-based real estate investment management company, KaiLong Group (“KaiLong”) has closed its second US-dollar denominated Greater China Real Estate Fund II (“USD Fund II”), at...
Prologis increases investments in China
Global logistics real estate company Prologis, Inc. announced the expansion of its development venture in China which increased its development capacity to more than US$3.5 billion...
ESR to build largest logistics facility in Greater Nagoya, Japan
Asia-Pacific focused logistics real estate platform ESR Cayman Limited (ESR) announced that it will invest an estimated JPY27 billion (approximately US$245 million) to develop...
Mirvac gets approval for industrial estate development in Auburn
Mirvac has received development approval from Cumberland Council for its most recent industrial estate at 300 Manchester Road, Auburn in Western Sydney.
ASX-listed Mirvac plans...
CapitaLand announces new executive appointments
CapitaLand has announced key executive appointments in its core markets of Singapore and Vietnam as part of its on-going leadership development and renewal process....
Allianz Real Estate buys multifamily residential assets in Tokyo for $160m
Allianz Real Estate announced that it has agreed to acquire a portfolio of prime multifamily residential assets in Tokyo for $160 million, on behalf...
Cromwell gets $85m development approval for office building in Canberra
Cromwell Property Group has received approval for its A$85 million development application for new six-storey office building at 19 National Circuit in Canberra’s prestigious...
GLP Japan REIT raises US$532m to acquire logistics assets
GLP Japan Real Estate Investment Trust (GLP J-REIT) has completed a global offering of newly issued investment units, raising JPY 55.6 billion (offer price...
Charter Hall signs pre-lease with government agency at Adelaide project
Charter Hall has secured a pre-lease agreement with Federal Government agency Services Australia as the major 'pre-commitment' tenant for its A$450 million 60 King...
Hyatt to grow brand portfolio in India more than 70% by 2023
Hyatt Hotels Corporation said Wednesday that it plans to grow its brand portfolio in India by more than 70% by 2023.
With over 20 executed...
Hines to build Melbourne’s tallest timber office building
Hines will start construction on Melbourne’s tallest mass-engineered timber office building in Q3 2021.
Located just 2 kilometers from the CBD, 36 Wellington Street will...
