Pan-European real estate manager M7 Real Estate has completed the acquisition of 13 logistics properties across Madrid and Barcelona for 181 million euros. The two separate transactions, completed on behalf of the European Supply Chain Investment Partnership, more than double the venture's footprint in Spain and expand its total European asset value to approximately 1.7 billion euros.
JD Property, the real estate arm of JD.com, is partnering with Partners Group and Hillhouse-backed EZA Hill Property to launch a Singapore REIT valued at over US$1 billion, in what could be one of the city’s largest new listings in more than a year.
JD.com’s property arm joins forces with Partners Group and Hillhouse’s EZA Hill Property to establish a Singapore REIT valued at over US$1B, a major step for Chinese capital in Southeast Asia’s logistics and industrial market.