Hines to develop logistics center in Seoul
Hines will develop a multi-story logistics center, Namyang Logistics Center, in Seoul, South Korea.
The project represents the second cold storage and third logistics...
Charter Hall invests A$780m in commercial property portfolio
Charter Hall is acquiring a commercial property portfolio for A$780 million.
Charter Hall said the leased portfolio comprise three office and one life science/industrial assets...
Japan’s SMBC partners with Singapore’s ARA
Sumitomo Mitsui Banking Corporation (SMBC), the largest entity of the Sumitomo Mitsui Financial Group, has entered into a strategic partnership with Singapore-based real assets...
ARA increases its strategic stake in Japan’s Kenedix
ARA Asset Management Limited (ARA) has increased its strategic stake in Kenedix, Inc. to 30%, up from 20.27% previously.
ARA had earlier supported the privatisation...
Blackstone acquires Embassy Industrial Parks in India
Blackstone Real Estate managed funds have acquired Embassy Industrial Parks from Warburg Pincus and Embassy Group for an enterprise value of $700 million.
Embassy...
Dexus to buy APN Property to expand funds management business
Dexus is acquiring ASX-listed APN Property Group to further strengthen its funds management business.
Dexus has entered into a binding scheme implementation deed (SID) with...
ESR enters Vietnam logistics real estate sector with BW joint venture
ESR Cayman and Warburg Pincus-backed BW Industrial Development Joint Stock Company (BW), the logistics and industrial real estate developer and operator in Vietnam, have...
ESR completes first asset acquisition in Hong Kong to develop data centre
APAC focused logistics real estate platform ESR Cayman has completed its first asset acquisition in Hong Kong to develop 40MW data centre.
ESR said...
CBRE: Korean inbound and outbound CRE investment falls in 2020 due to pandemic
Foreign investment in the Korean commercial real estate (CRE) market reached an estimated USD 1.9 billion in 2020, down 24% y-o-y, while Korean outbound commercial...
Hines launches Asia fund with $400m capital from Cadillac Fairview
Hines has launched Hines Asia Property Partners (HAPP), the firm’s new fund for the Asia-Pacific region with $400 million of capital from Cadillac Fairview,...
Dexus healthcare fund adds Melbourne life science asset to potfolio
Dexus Healthcare Property Fund is acquiring large-scale life science asset in Melbourne’s premier Biomedical Precinct.
Dexus Healthcare Property Fund (DHPF) has agreed to acquire Manning...
Primewest, BlackRock JV to acquire Perth office tower
Australian property fund manager Primewest has formed a joint venture with a fund advised by BlackRock Real Assets.
The joint venture has agreed to purchase...
