Blackstone to acquire Industrials REIT for £700m
US private equity giant Blackstone has agreed to acquire UK-listed commercial property company Industrials REIT for £700 million. Industrials REIT and Blackstone, following a period...
CBRE IM and Chancerygate form UK urban logistics joint venture
CBRE Investment Management and Chancerygate have formed a joint venture partnership to develop urban logistics schemes on behalf of an investment fund sponsored by...
Garbe, Union Investment pay €85m for logistics development in Rotterdam Harbour
Garbe Industrial Real Estate and Union Investment have purchased a 39,300 sqm logistics turnkey development at Rotterdam Pernis, in an off-market forward-commitment transaction from...
GIC to buy logistics facility in Japan from Daiwa House
Singapore’s sovereign wealth fund GIC said it would acquire a logistics facility in Yatomi city, part of the Greater Nagoya metropolitan area in ...
European logistics take-up drops 6% in 2022
European logistics take-up reached 31.3m sqm in 2022, 6% lower than 2021 which saw record take-up levels of 33.4m sqm, according to the latest...
Hines buys logistics center in Enfield, Greater London
Hines has bought an 85,000-square-foot urban logistics center in Enfield, Greater London, on behalf of the Hines Pan-European Core Fund. The acquisition comes as the Hines...
Hines fund makes first logistics acquisition in Australia
Hines Asia Property Partners (HAPP) fund has made its first investment in Australia with the acquisition of four logistics properties in New South Wales...
Union Investment acquires Logistrial Real Estate from GARBE for €800m
Union Investment has acquired Logistrial Real Estate AG and its logistics property portfolio comprising 13 existing properties and 6 development projects with a total...
Frasers Property sells logistics portfolio in Austria
Singapore-listed Frasers Property's unit Frasers Property Industrial has sold a logistics property portfolio in Austria via a share deal to BNP Paribas Real Estate...
GLP Japan logistics fund reaches $5.4bn assets under management
GLP has announced the second close of GLP Japan Income Fund (GLP JIF), Japan’s largest private open-ended logistics real estate income fund, with JPY...