ESR successfully completes a landmark, Class A 150,000 sqm logistics complex in the prime Gimpo market in South Korea
ESR Group Limited, APAC’s largest real asset manager powered by the New Economy, today announced that its South Korean subsidiary, ESR-Kendall Square, has completed the Geomdan Logistics Park, a landmark, Class A 150,000 sqm logistics complex in the prime Gimpo market in South Korea.
Asia Pacific Real Estate Investors Target Opportunistic Strategies in 2023: CBRE Survey
Melbourne has joined Sydney as a top 10 Asia Pacific destination for international real estate capital, according to CBRE’s 2023 Asia Pacific Investor Intentions Survey.
Companies are paying more to rent space in Asia’s green buildings: JLL study
Analysis concludes that green certified buildings across 11 major Asian cities command a premium of up to 28%, according to new research from the real estate consultant.
CBRE Korea volunteers deliver ‘briquettes of love’ and donations to underprivileged in Gaemi Village
CBRE Korea held an in-house fundraising event that raised 6 million won. The company is planning to deliver warmth to families in Gaemi Village who are experiencing hardships by donating the funds to the Babsang Community Foundation and Briquette Bank.
JLL advises on sale of Seoul’s Jongno Tower sold to SK REITs $431.7m
JLL acted as joint exclusive sale advisors with Avison Young Korea as Jognno Tower Seoul sold by KB Asset Management for KRW621.5 billion ($431.7 million) to SK REITs. Chaehun Chang, Managing Director of JLL Korea said, "This is a testament to the unwavering demand for investment in landmark...
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.
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...
ESR partners with SK Plug Hyverse and Coupang Fulfilment Services to develop and operate S.Korea’s first hydrogen powered fulfilment centre
ESR Group Limited announced that, through its subsidiary Kendall Square Asset Management, it has signed a memorandum of understanding with SK Plug Hyverse and Coupang Fulfilment Services for the development and operations of South Korea’s first eco-friendly hydrogen powered fulfilment centre....
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Economic impact of COVID-19 'weighing heavily' on Singapore - CBRE Survey
CBRE has released the results of the Asia Pacific Occupier Flash Survey, showing the COVID-19 pandemic has had a significant impact on business sentiment in Singapore.