GLP Japan logistics fund reaches $5.4bn assets under management
GLP has announced the second close of GLP Japan Income Fund (GLP JIF), Japan’s largest private open-ended logistics real estate income fund, with JPY...
Central Park Retail assets in Sydney sold for A$174.5m
Frasers Property Australia and Sekisui House Australia, the joint venture partners behind the A$2 billion Central Park in Sydney CBD, have sold and settled...
Global non-listed real estate capital raising hits 9-year low in 2023
Global investment in non-listed real estate plummeted in 2023, with fund managers raising just €117 billion, according to the 2024 Capital Raising Survey by...
Grade-A office property in Canberra sold for A$256m
Centuria Metropolitan REIT(CMA) has acquired NewActon Nishi Building, a high quality Grade-A commercial office property in Canberra for A$256 million.
Centuria will raise $185...
Starwood closes $10.2bn global opportunistic real estate fund
Starwood Capital Group has announced the final closing of Starwood Distressed Opportunity Fund XIII (SOF XIII), securing capital commitments exceeding $10.2 billion.
Following the fundraising,...
Chelsfield closes pan-Asia value-add fund at US$362.5m
UK-based international property company Chelsfield Group announced Chelsfield Asia Limited, its Asian subsidiary, has closed its first Pan-Asia value-add fund, Chelsfield Asia Fund 1...
Grade-A office property in Perth sold for A$79M
EG, Sydney-based real estate fund manager with over A$2.4 billion assets under management, has acquired 2 Mill Street, a Grade-A office property in Perth for...
ESR establishes A$350M logistics mandate in Australia
APAC focused logistics real estate platform ESR Cayman Limited (ESR) has established a new mandate with China Merchants Capital Investment Co. Ltd (“China Merchants...
Singapore REIT to convert San Diego office property to life sciences property
Singapore-listed real estate investment trust CapitaLand Ascendas Reit(CLAR), formerly known as Ascendas Real Estate Investment Trust (Ascendas Reit), has signed a full building lease...
Ivanhoé Cambridge, Embassy Group launch commercial office platform in India
Indian real estate company Embassy Group and Canada-based real estate investment firm Ivanhoé Cambridge have launched a commercial real estate investment platform focused on office business...
ESR-Reit proposes merger with ARA Logos
ESR Cayman Limited Friday announced ESR-Reit’s proposed merger with ARA Logos Logistics Trust.
According to a press release by ESR, ARA Logos Logistics Trust(ALOG) will become...
APG, CPP Investments, ESR form US$1bn JV to invest in South Korean logistics real...
APG, Canada Pension Plan Investment Board (CPP Investments) and ESR Cayman Limited (ESR) have entered into a strategic agreement to establish a new development...
