JLL acts as exclusive advisor for sale of Extra Space Asia, an Asia-focused self-storage platform
ESA owns operates approximately 70 properties across key Asian markets of Singapore, Malaysia, Taiwan, Japan, Hong Kong and South Korea, with a combined lettable area of in excess of 1 million square feet.
Hongkong Land welcomes Invesco’s return to Central Portfolio
Invesco moves regional HQ to Jardine House; one of the largest, long-term office leasing deals in the Central Portfolio this year of approximately 33,000 sq. ft. in the high-zone of Jardine House. Invesco is one of the most experienced investment firms in Asia Pacific, having operated and...
ESR Group begins construction of ESR Noda II logistics development in Chiba Prefecture Japan
In Japan, ESR has a total AUM of US$32.3 billion and approximately 4.4 million sqm of GFA as of 30 June 2022. ESR Noda II is fully leased way ahead of completion, a testament to the quality of logistical solutions provided by the Group, both in terms of build, as well as the choice of location...
ESR and LOGOS achieve anchor close for its new co-branded Pan Asia Core+ Venture with US$250 million of equity commitments
With the acquisition of ARA and LOGOS in January of 2022, the Pan-APAC Core+ product represents the second co-branded venture for the enlarged Group, following the ESR LOGOS REIT. PACV will invest in prime logistics assets across Asia Pacific with an initial focus on the developed markets of...
JLL brokeraged the sale of Shanghai Jiayu Yunjing Rental Housing Project
JLL successfully assisted R&F Group and KWG Group Holdings in selling their Jiayu Yunjing rental housing project, located in Xinjiangwan, Yangpu District, Shanghai, to a foreign investor.
CBRE Successfully Brokers a Ramp-up Industrial Building in Jurong for S$191.1 million
Mr. Rimon Ambarchi, Head of Industrial & Logistics, Singapore & Southeast Asia at CBRE, who brokered the deal, says, “By virtue of its excellent property specifications and its location within the Fishery Port Food Zone, 1 Buroh Lane consistently enjoys 100% building occupancy.
ESR announces HK$4 billion Sustainability-Linked Loan, with option to upsize to HK$7 billion
Further strengthens ESR’s leadership in sustainable financing with a total of approximately US$3 billion in Sustainability-Linked Loans closed to date.
M&G Real Estate Asia and ESR strengthen partnership in Japan
M&G Real Estate private assets and alternatives division – and the ESR Group Limited Limited announced today a long-term partnership on behalf of M&G Asia Property Fund, to develop a portfolio of logistics properties across Tokyo, Osaka and Nagoya.
Singapore’s Golden Mile Complex sold with vacant possession by Edmund Tie
Golden Mile Complex of 718 strata units is scheduled for legal completion in November 2022 and vacant possession of the development will be handed to the developers in May 2023. The successful buyer is a consortium comprising Perennial Holdings Pte Ltd, Sino Land, and Far East Organization.
