
ESR and Xander Make Big Moves in India’s Booming Logistics Market
2025-04-14
Author: John Tan
Real Estate Surge in India Fuels Investment Activity
As property values in India skyrocket, investment giants ESR and Xander Investment Management are gearing up to sell off lucrative logistics portfolios at attractive prices. This move comes amid soaring interest in industrial real estate, positioning both firms to capitalize on the booming market.
ESR and Xander Aim to Cash In on Warehousing Assets
According to sources familiar with the situation, ESR and Xander plan to unload 100% of their stakes in their respective warehousing portfolios. This strategy reflects a keen interest from investors eager to tap into India's rapidly expanding logistics sector.
Bain Capital Targets $7 Billion Fund Raise for Asian Ventures
In parallel, Bain Capital is on a mission to raise at least $7 billion for its new Asia-focused fund. The firm aims to back private equity and credit deals across the region, from Japan to India, presenting potential investment opportunities amidst growing market dynamics.
Carlyle Group in Talks to Sell Data Center Stake
In another major development, Carlyle Group is reportedly negotiating with Alpha Wave Global for a 24.04% stake in Nxtra Data, a significant player in India’s data center market. This stake is estimated at approximately INR 52 billion ($600 million) and marks Carlyle’s ongoing efforts to streamline its holdings.
Korea’s NPS to Shift Focus to Higher-Yield Strategies
South Korea’s National Pension Service (NPS) is undergoing a strategic overhaul, looking to increase investments in higher-yield, riskier assets following new legislation. A workshop later this month will outline plans to reallocate its portfolio, promising a more aggressive investment approach.
Stack Infrastructure Plans Major Data Center in Sydney
In exciting news from Australia, US-based Stack Infrastructure has filed plans to build a massive 450MW data center in Sydney. With a projected investment of A$650 million ($405.3 million), this facility will span over 82,000 square meters, reinforcing the region’s significance in the tech infrastructure landscape.
Taiwan’s Shayher Group Nears $126 Million Hyatt Acquisition
Taiwan's Shayher Group is reportedly close to acquiring the Park Hyatt Melbourne for A$200 million ($126 million), marking the largest commercial transaction in the city in the past year. This acquisition will further expand Shayher's prestigious portfolio of hospitality assets.
Legal Battles Force Dexus to Sell Sydney Mall Stake
In a significant legal development, Dexus has been compelled to sell its half-stake in Sydney's Macquarie Centre, valued at A$830 million ($523 million), after a court sided with major superannuation funds. This case underscores the complexities faced by large investors in a shifting market.
Hong Kong Homebuyers Hesitant Amid Trade War Turmoil
Finally, the ongoing U.S.-China trade war is impacting mainland Chinese homebuyers' confidence in Hong Kong's real estate market. Experts warn that economic instability and currency fluctuations are leading to a gloomy outlook for property prices, reflecting the broader implications of global trade tensions on local markets.