Charter Hall funds buy industrial portfolio leased to Owens-Illinois Australia
Charter Hall Group managed two funds, the Charter Hall Prime Industrial Fund (CPIF) and Charter Hall Direct Industrial Fund No.4 (DIF4), have acquired an...
Deka Immobilien acquires office property in Melbourne from Dexus for €280m
Deka Immobilien has acquired an office property in Melbourne, Australia, from Dexus, Australian real estate group, for €280 million.
The high-rise 452 Flinders Street office...
Stockland appoints Tarun Gupta as next Managing Director and CEO
Tom Pockett, Chairman of Stockland, announced that the Board has appointed Tarun Gupta as Stockland’s next Managing Director and Chief Executive Officer (CEO).
Tarun Gupta...
KKR closes Asia Pasific infrastructure fund at $3.9bn
Global investment firm KKR has announced the final close of KKR Asia Pacific Infrastructure Investors SCSp, a US$3.9 billion fund focused on infrastructure-related investments across Asia Pacific.
KKR...
JV to develop Australia’s first industrial community
A joint venture between Frasers Property Industrial, Aware Super and Altis Property Partners has started construction of The YARDS, the major industrial and logistics...
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...
GLP J-REIT raises JPY 28 billion to acquire four logistics assets
Japanese real estate investment trust GLP J-REIT, managed by GLP Group, has raised JPY 28 billion (appr. US$253 million) through its first accelerated global...
CBRE announces two senior appointments to Asia Pacific Hotels team
CBRE has strengthened its Asia Pacific Hotels team with the appointment of Steve Carroll as Head of Hotels & Hospitality and David Ling as...
Blackstone hires Ryusuke Shigetomi as Japan chairman
Blackstone has hired Ryusuke Shigetomi as Chairman and Representative Director of Japan to support its expansion in the country.
In his role, Shigetomi will oversee...
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...
Asian outbound commercial real estate investment surges to $54.6bn in 2021
After a muted year in 2020, Asian outbound commercial real estate investment surged 69% year-on-year (y-o-y) in 2021 to US$54.6 billion, surpassing 2019’s pre-pandemic...
ESR recaps 873,000 sqm balance sheet portfolio in China
ESR has entered into an agreement with an unnamed global institutional investor to recap a prime logistics and industrial portfolio (total GFA of over...
