Hines acquires second industrial property in Singapore through JV

Industrial continues to be Hines’ key focus in Singapore with high rent and capital value growth. Ground up development might be next as the developer eyes more opportunities alongside its Japanese partners.

US-headquartered real estate investment manager and developer, Hines, has announced its acquisition of a logistics asset in Singapore, through a joint venture (JV) with Mitsubishi Estate and MBK Real Estate Asia (MREA).

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