ESR expands Australian logistics partnership with GIC
Hong Kong-listed logistics real estate platform ESR and Singapore’s sovereign wealth fund GIC have extended their core plus logistics strategy with the launch of...
Aware Super takes majority stake in European apartment-hotel platform
Aware Super, one of Australia’s largest superannuation funds, has acquired APG’s stake in The July, an apartment-hotel owner and operator, securing majority ownership of...
CDL to sell Seoul hotel for KRW 1.1 trillion
Singapore-listed City Developments Limited (CDL) is divesting the Millennium Hilton Seoul hotel to Korean real estate investment manager IGIS Asset Management.
City Developments Limited said Monday...
Lendlease to sell UK construction business to Atlas Holdings
Lendlease has agreed to sell its UK Construction business to US-based company Atlas Holdings.
Atlas Holdings will acquire the construction business, encompassing all existing operations,...
Ascott’s private equity fund buys freehold property in Tokyo
CapitaLand said its wholly owned lodging business unit Ascott would acquire a freehold asset in Tokyo, via the Ascott Serviced Residence Global Fund (ASRGF),...
AXA IM Alts begins construction of €220m Japanese logistics facility
AXA IM Alts announced it has begun construction of a Grade-A logistics facility on a 79,095 sqm site in Kisosaki, near Nagoya, Japan.
The development...
Real estate fund managers optimistic about fund launches and capital raising
Real estate fund managers and other alternative fund managers are optimistic about launches and fund raising over the next 18 months, according to new...
Charter Hall buys David Jones Sydney CBD store for $510m
Charter Hall Group has agreed to purchase the David Jones flagship Elizabeth Street store, located at 86-108 Castlereagh Street, Sydney for A$510 million.
The Charter...
Cromwell Property CEO Paul Weightman to retire at year end
Australia's real estate investor and manager Cromwell Property Group has today announced that Managing Director and CEO, Paul Weightman, will retire at the end...
CMT, CCT unitholders vote in favour of merger to form new REIT
Unitholders of CapitaLand Mall Trust (CMT) and CapitaLand Commercial Trust (CCT) have voted in favour of the proposed merger of CMT and CCT to...
Gaw Capital closes two investment vehicles at US$900m
Hong Kong-based real estate private equity firm Gaw Capital Partners has closed two investment vehicles totaling up to US$900 million in commitments.
The first vehicle...
GLP launches $2.6bn open-ended logistics real estate fund in Japan
Global investment manager GLP announced it has launched Japan’s largest private open-ended logistics real estate income fund, GLP Japan Income Fund (GLP JIF), with...
