ESR completes the largest logistics warehousing project in APAC

ESR completes the largest logistics warehousing project in APAC

APAC focused logistics real estate platform ESR Cayman Limited (ESR) announced the completion of ESR Amagasaki Distribution Centre (ESR Amagasaki DC) in Greater Osaka...
Mapletree Group buys commercial office asset in Seoul for S$528.4m

Mapletree Group buys commercial office asset in Seoul for S$528.4m

Mapletree Investments Pte Ltd (MIPL) and Mapletree North Asia Commercial Trust (MNACT) have jointly agreed to acquire The Pinnacle Gangnam, an office asset located...
ESR Australia Logistics Partnership buys industrial portfolio for A$302.5m

ESR Australia Logistics Partnership buys industrial portfolio for A$302.5m

ESR Australia announced that ESR Australia Logistics Partnership (EALP) has purchased an industrial portfolio comprising 11 assets primarily located in the eastern seaboard cities...
PGIM Real Estate acquires multifamily portfolio in Japan for $120m

PGIM Real Estate acquires multifamily portfolio in Japan for $120m

PGIM Real Estate announced Thursday that it has acquired a six-building multifamily portfolio located across Tokyo and Yokohama, Japan for US$120 million. The portfolio consists...
Kerry Properties, GIC buy mixed-use development site in Pudong, Shanghai

Kerry Properties, GIC buy development site in Pudong, Shanghai

A joint venture between Hong Kong-listed property investment and development company Kerry Properties and Singapore's GIC Real Estate has won a land bid to...
CBRE: Korean inbound and outbound CRE investment falls in 2020 due to pandemic

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...
GLP raises $1.8bn for logistics real estate funds in Japan

GLP raises $1.8bn for logistics real estate funds in Japan

Global logistics real estate provider and investment manager GLP said it has raised more than $1.8 billion for its private logistics real estate income strategies in...
AIA, GLP partnership to invest in global logistics real estate industry

AIA, GLP form global logistics real estate investment partnership

Pan-Asian life insurance group AIA Group Limited and GLP have formed a partnership to invest in the global logistics real estate industry and related...
Hines appoints new Japan country head

Hines appoints new Japan country head

Hines has appointed Jon Tanaka as senior managing director / country head in Japan. Jon Tanaka will oversee new business initiatives throughout the country alongside...
Charter Hall, GIC buy office building in Canberra, Australia for A$335m

Charter Hall, GIC buy office building in Canberra, Australia for A$335m

Australian property group Charter Hall and Singapore’s sovereign wealth fund GIC have formed a joint venture to acquire the 50 Marcus Clarke office building in...
KKR to buy real estate asset management company in Japan for $2bn

KKR to buy real estate asset management company in Japan for $2bn

KKR said that 76KK, a subsidiary of KKR, agreed to acquire all of the outstanding shares of Mitsubishi Corp.-UBS Realty Inc. (MC-UBSR), a real estate...
Blackstone acquires Crown Resorts, its largest investment to date in Asia

Blackstone acquires Crown Resorts, its largest investment to date in Asia

Blackstone has completed the acquisition of Crown Resorts for A$8.9 billion (US$6.2 billion). Blackstone said the acquisition is 'its largest investment to date' in Asia...

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