* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 5, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE šŸ™ Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect šŸ™

    Neil Young Plays Rare Full-Band ā€˜Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE šŸ™ Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect šŸ™

    Neil Young Plays Rare Full-Band ā€˜Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Hillhouse Identified as Buyer of $232M ESR-Logos REIT Singapore Portfolio

July 5, 2023
in Technology
Hillhouse Identified as Buyer of $232M ESR-Logos REIT Singapore Portfolio
Share on FacebookShare on Twitter

The property at 3 Pioneer Sector 3 is the largest asset in the portfolio. (Source: ESR-Logos REIT)

Hillhouse Capital has made its first major industrial buy in Singapore with Mingtiandi now able to identify the Chinese private equity major as the buyer of a set of five industrial facilities in the city-state sold by ESR-Logos REIT last month.

The Hillhouse real estate team, which is led by former ESR director Joe Gagnon, has been identified by sources familiar with the deal as the purchaser which agreed to pay S$313.5 million ($232 million) to acquire the shed portfolio from the SGX-listed trust.

JLL - Capital Markets banner

The deal, which was announced to the Singapore bourse on 23 June, marks the largest direct real estate investment by Hillhouse to be made public since the firm reached a final close on over $2 billion in equity for its first Asia real estate fund in August of last year. Hillhouse representatives declined to comment on the transaction when contacted by Mingtiandi.

The five-asset transaction is being accomplished through a set of put and call option agreements involving special purpose vehicles represented by the Singapore arm of Amsterdam-based trust management company Intertrust Group, with ESR-Logos REIT having also agreed to sell two other assets last month via separate deals as it rejigs its portfolio.

Sweet Singapore Sheds

The Singapore acquisitions are set to give Hillhouse ownership of a total of 173,783 square metres (1.87 million square feet) of warehouse space in the Lion City, and were purchased at a 5.1 percent discount from the portfolio’s book value of S$330.4 million.

Hillhouse founder Zhang Lei (Getty Images)

Hillhouse founder Zhang Lei (Getty Images)

Spread across the western and eastern regions of Singapore, Hillhouse’s five target assets include 3 Pioneer Sector 3 in western Singapore’s Tuas district, a 66,566 square metre industrial campus which it is buying for S$95 million.

Also in the set is a 5-storey warehouse at 6 Chin Bee Avenue in Taman Jurong worth S$93 million, a pair of three-storey warehouses at 4 and 6 Clementi Loop (S$37.6 million) and an eight-level warehouse at 30 Toh Guan Road valued at S$57.8 million.

The final property is the Pan Asia Logistic Centre at 21 Changi North Way in Tenah Merah district which Hillhouse is acquiring for S$30.1 million.

The transactions, which are understood to have been brokered by CBRE, are expected to be completed this year. The property consultancy declined to comment on the transactions and ESR-Logos REIT representatives had not yet responded to inquiries from Mingtiandi by the time of publication.

Logistics in Focus

Led by mainland mega-investor Zhang Lei and known for being an early backer of Chinese tech giants like Tencent and JD.com, Hillhouse has been keeping a low profile in the property world since wrapping up fund raising for its Real Asset Opportunities Fund last year.

Joe Gagnon Hillhouse

Hillhouse partner Joe Gagnon

With its property strategy focused on investing in new economy-related property assets and platforms across Asia Pacific, Hillhouse, along with Warburg Pincus, in 2021 led an investor consortium which committed around $700 million to boost JD Property, the property management arm of JD.com, with the mainland e-commerce giant having since announced plans for a Hong Kong IPO for the company.

Hillhouse was founded by former Yale investment officer Zhang Lei in 2005 and had over $100 billion in assets under management at the end of 2021. The company made logistics a major focus of its first real estate fund and had been actively investing in the sector before the development of its dedicated property strategy.

PropertyGuru - Asia Property Award, China Banner 780

In 2017, Hillhouse was part of a Chinese consortium that privatised GLP for $11.6 billion. The following year, it joined Tencent, China Life, ICBC International and other mainland giants in pouring $2.5 billion into JD Logistics before that company’s $3.2 billion 2021 IPO.

Hillhouse consolidated a pair of Singapore offices into a single location in the Marina Bay Financial Centre late last year, according to reports at the time, with Gagnon said to now be based in the city after years in Hong Kong and mainland China.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MingTiandi – https://www.mingtiandi.com/real-estate/logistics/hillhouse-identified-as-buyer-of-232m-esr-logos-reit-singapore-portfolio/

Tags: HillhouseIdentifiedtechnology
Previous Post

KTM POWERED 2023 HONDA CR300: 2-STROKE TUESDAY

Next Post

Pan Pacific Selling Little India Hotel to Worldwide for $389M in Singapore Record Deal

Tradition, ecology, and communion: the Church experiences a week of renewal and global commitment – exaudi.org

Tradition, Ecology, and Communion: The Church’s Inspiring Week of Renewal and Global Commitment

July 5, 2025
Shriners Children’s to Establish Research Institute at Science Square – Georgia Tech News Center

Shriners Children’s to Establish Research Institute at Science Square – Georgia Tech News Center

July 5, 2025
Scientists warn US will lose a generation of talent because of Trump cuts | Trump administration – The Guardian

Scientists Warn Trump-Era Cuts Threaten to Drain a Generation of American Talent

July 5, 2025
7 outdated boomer behaviors that were once normal but now feel tone-deaf – VegOut

7 Outdated Boomer Behaviors That Once Seemed Normal but Now Feel Completely Tone-Deaf

July 5, 2025
The Conversation: Freedom in the modern world – standard.net

Embracing Freedom in the Modern World: Challenges and Opportunities

July 5, 2025
The U.S. added 147,000 jobs in June, relieving some concerns of a workforce slowdown – NBC News

U.S. Adds 147,000 Jobs in June, Easing Fears of Workforce Slowdown

July 5, 2025
Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

Magicians and Battlebots Take Las Vegas Entertainment by Storm

July 5, 2025
Final House Vote on Devastating Health and Food Assistance Cuts – Medicare Rights Center

House Prepares to Vote on Major Cuts Jeopardizing Health and Food Assistance Programs

July 5, 2025
George Takei draws parallels between 1940’s Japanese-American internment camps and ICE detentions – CNN

George Takei draws parallels between 1940’s Japanese-American internment camps and ICE detentions – CNN

July 5, 2025
America ‘accuses’ one of China’s largest technology company: You plotted to steal our trade secrets and . – Times of India

America Charges Top Chinese Tech Giant with Plot to Steal Trade Secrets

July 5, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (706)
  • Economy (732)
  • Entertainment (21,621)
  • General (15,729)
  • Health (9,769)
  • Lifestyle (736)
  • News (22,149)
  • People (732)
  • Politics (740)
  • Science (15,949)
  • Sports (21,230)
  • Technology (15,715)
  • World (712)

Recent News

Tradition, ecology, and communion: the Church experiences a week of renewal and global commitment – exaudi.org

Tradition, Ecology, and Communion: The Church’s Inspiring Week of Renewal and Global Commitment

July 5, 2025
Shriners Children’s to Establish Research Institute at Science Square – Georgia Tech News Center

Shriners Children’s to Establish Research Institute at Science Square – Georgia Tech News Center

July 5, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Ā© 2023 earth-news.info

No Result
View All Result

Ā© 2023 earth-news.info

No Result
View All Result

Ā© 2023 earth-news.info

Go to mobile version