ESR announces over US$1 billion first close of digital infrastructure business across APAC inaugural Data Centre Fund
Jeffrey Shen and Stuart Gibson, Co-founders and Co-CEOs of ESR, said: “APAC is the prime market for data centre development and investment in the new era of digitalisation. Diarmid Massey, ESR Data Centres CEO, highlighted: “With nearly $60 billion of New Economy AUM, digital infrastructure is a...
CBRE Helps OTB Group Expand Presence in China by Securing Prime Retail Space in Shanghai
The CBRE Shanghai Advisory & Transaction Services – Retail team was commissioned by Italian luxury group OTB to lease four flagship stores in the heart of West Nanjing Road CBD as China’s prosperous domestic spending gave a big lift to retailers’ confidence.
ESR wins Kwai Chung land bid to develop its first state-of-the-art cold storage and logistics project in Hong Kong
Prime site located in the centre of Hong Kong, which is well-connected to Kowloon and Hong Kong Central Business Districts, Hong Kong International Airport and the border to Mainland China.
CBRE advises Panasonic and Kyocera on land sale, maximises value of asset
CBRE recently supported the sale of land in Osaka that previously housed Panasonic subsidiary Sanyo Electric’s Suminodo factory and Kyocera’s Osaka Daito Office.
ESR completes first phase of Japan’s largest multi-phase logistics park USD$2.5b
Upon completion of the four-phase logistics park in Greater Tokyo, the asset will represent the highest value logistics park in Japan with an estimated total completed value of US$2.5 billion. Ken Sakuramoto, Head of Equity Advisory, Capital Markets of JLL, said: “The completion of phase 1 of...
Colliers’ commentary on the tender closing for Dunman Road and Pine Grove (Parcel A)
Both sites were launched for tender in Q1 2022 under the Confirmed List on the 1H 2022 government land sales (GLS) programme. The tenders closed on 2 June 2022 with just a handful of bids, albeit at robust prices says Colliers.
CBRE Investment Management Continues Expansion in Japan with Katsushika Logistics Centre
CBRE Investment Management has acquired a 69,045-square-meter parcel of land in Tokyo on behalf of the CBRE Asia Value Partners VI fund. The fund plans to develop the site into a modern logistics facility, which will be known as the Katsushika Logistics Centre.
Edmund Tie brokers the Collective Sale of Golden Mile Complex at S$700 million
Edmund Tie & Company as the sole marketing agent announces the collective sale of iconic landmark, Golden Mile Complex, at S$700 million to a consortium comprising Perennial Holdings Pte Ltd, Sino Land, and Far East Organization. The collective sale of Golden Mile Complex is subject to the...