ESR Kendall Square REIT adds US$94.2 million Yongin BRIC logistics asset to portfolio
ESR Kendall Square REIT (the “REIT”; 365550 KS) has successfully completed another acquisition of a recently completed mixed-use logistics facility for US$94.2 million (or KRW 103 billion). This acquisition comes on the heels of last week’s successful drop down of the 11th asset “Anseong LP”....
ESR Kendall Square REIT adds US$145 million logistic asset to portfolio Korea
Korea’s #1 industrial real estate investment trust, ESR Kendall Square REIT (365550 KS), has completed the acquisition of a modern logistics facility in greater Seoul suburban market for US$145 million (or KRW 160 billion).
Ascott Residence Trust acquires 3 rental housing properties in Japan for JPY 6.78 Billion
Ascott Residence Trust (ART) has entered into agreements to acquire three freehold rental housing properties in central Sapporo for a total of JPY 6.78 billion (S$85.2 million1) to expand its rental housing portfolio in Japan.
Maxwell House Singapore Sold for $276.8 million Cushman and Wakefield
Maxwell House sold enbloc for $276.8 million. Brokered by Cushman & Wakefield, this is the first full commercial collective sale site and largest by value sold to- date this year.
CBRE Hong Kong Advises on Weave Living’s Acquisition of En-Bloc Residential Building in Mid-Levels West for HK$295 Million
CBRE Hong Kong Capital Markets team has advised on the acquisition of an en-bloc residential building in Mid-Levels West by Weave Living for HK$295 million, which is set to deliver new accommodation offerings to the traditional high-end residential district.
Mediacorp’s Andrew Road Site Sold for S$280.9 Million to PRE 10 Singapore
PRE 10 an entity which will be jointly owned by Perennial Real Estate Holdings and Mr Kuok Khoon Hong Winning Bid Price Outperforms in a Closely Contested Tender Exercise for the Former Caldecott Broadcast Centre Site, Marketed by CBRE and Showsuite.
Singapore’s Sun Venture buys Landsec 1 & 2 New Ludgate £552m one of worlds largest deals 2020
In one of the largest global cross border deals of 2020 Landsec is pleased to announce that it has exchanged contracts to sell 1 & 2 New Ludgate sold to Sun Venture for a cash consideration of £552m in a transaction that demonstrates the strong investor demand for high quality London assets...