Global commercial property prices end 2023 with 5.9% decline
In the latest edition of the RCA CPPI Global Cities report, the Q4 2023 results reveal a persistent downturn in global commercial property prices,...
CapitaLand exits from retail in Japan, invests in logistics assets
CapitaLand will invest about JPY 7.5 billion (S$90.8 million) in its second logistics asset in Japan.
The company has acquired freehold site to develop a four-storey...
CPP Investments, ESR expand Korean logistics JV to US$1 billion
Canada Pension Plan Investment Board (CPP Investments) and ESR Cayman Ltd. have expanded their Korean logistics real estate joint venture, Korea Income Joint Venture,...
Charter Hall to acquire premium grade office tower in Sydney
Charter Hall Group wholesale funds have formed a joint venture with GIC, Singapore’s sovereign wealth fund, to acquire the leasehold of Chifley Tower, 2...
GIC acquires LG Twin Towers in Beijing for $1.15bn
Singapore’s sovereign wealth fund GIC has acquired LG Twin Towers in Beijing from South Korean conglomerate LG Group for over RMB 8 billion($1.15 billion).
Located...
M&G names Martin Towns as global head of real estate business
M&G has announced the appointment of Martin Towns as the new Global Head of its Real Estate business, effective 1 July 2025.
Towns will...
Blackstone buys majority stake in China logistics park for US$1.1bn
Blackstone has acquired a majority stake in the largest urban logistics park in China’s Greater Bay Area from R&F Group for US$1.1 billion.
Blackstone Real...
Cromwell European REIT rebrands to Stoneweg European REIT
Effective January 2, 2025, the Cromwell European Real Estate Investment Trust (CEREIT) has officially rebranded as the Stoneweg European Real Estate Investment Trust (SERT)....
Taubman sells interest in China shopping center to Blackstone
Taubman Centers, Inc., an S&P MidCap 400 Real Estate Investment Trust engaged in the ownership, management and/or leasing of 26 regional, super-regional and outlet...
APG invests in GLP’s China logistics value-add fund
GLP has announced the first close of the China logistics value-add fund, GLP China Value-Add Partners IV (GLP CVA IV), with $1.2 billion in equity...
CapitaLand Investment acquires office tower in Melbourne’s CBD
Singapore-based CapitaLand Investment (CLI) has acquired a freehold office tower in the Western Core of Melbourne’s Central Business District for its flagship regional core-plus...
Frasers Centrepoint Trust to buy additional 12% interest in AsiaRetail Fund
Singapore listed Frasers Centrepoint Trust (FCT), a retail real estate investment trust (REIT), said it will acquire additional 12% interest in AsiaRetail Fund Limited...
