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Masatomo Okamoto,head of Japan at AM Alpha

Germany’s AM Alpha Sells Newly Built Tokyo Apartments as Rents Rise

Masatomo Okamoto,head of Japan at AM Alpha

2024/12/03 by Christopher Caillavet Leave a Comment

AM Alpha has sold a newly completed rental apartment building in eastern Tokyo, marking the German family office’s second multi-family divestment in the last five months as the firm seeks new investment opportunities.

The 15-storey Alpha Prime Kameido in the… Read More>>

AM Alpha has sold a newly completed rental apartment building in eastern Tokyo, marking the German family office’s … Read more>>>

Sime Darby Property managing director, Dato’ Azmir Merican

Google to Develop More Malaysia Data Centres with Sime Darby

Sime Darby Property managing director, Dato’ Azmir Merican

2024/12/03 by Christopher Caillavet Leave a Comment

Two months after breaking ground on Google’s first data centre in Malaysia, Sime Darby Property has announced a fresh build-and-lease agreement that will see the development of additional facilities for the US tech giant.

The deal builds on the collaboration… Read More>>

Two months after breaking ground on Google’s first data centre in Malaysia, Sime Darby Property has announced a fresh … Read more>>>

Como Orchard

Singapore Commercial Complex on the Market at $505M and More Asia Real Estate Headlines

Como Orchard

2024/12/03 by Michael Cole Leave a Comment

A recently redeveloped hotel and retail complex is the latest property to go on the market in Singapore’s Orchard Road shopping belt, with that story leading today’s headline roundup. Also making news, US apartment giant Greystar opens Australia’s biggest build-to-rent… Read More>>

A recently redeveloped hotel and retail complex is the latest property to go on the market in Singapore’s Orchard Road … Read more>>>

Namgoong Hoon Mastern

Korea’s Mastern Sells Central Seoul Office Tower to NH REITs for $653M

Namgoong Hoon Mastern

2024/12/03 by Christopher Caillavet Leave a Comment

Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno district to NongHyup REITs for $653 million.

The transaction of D-Tower Donuimun is 2024’s biggest deal closing in the Seoul central business district and… Read More>>

Mastern Investment Management has completed the sale of a four-year-old office building in Seoul’s central Jongno … Read more>>>

Ming Mei

GLP China Said Mulling Hong Kong IPO Next Year

Ming Mei

2024/12/03 by Christopher Caillavet Leave a Comment

GLP is said to be considering a listing of its China unit on the Hong Kong stock exchange as early as next year, following the recent proposed sale of the industrial specialist’s ex-China fund business to US-based Ares Management.

GLP… Read More>>

GLP is said to be considering a listing of its China unit on the Hong Kong stock exchange as early as next year, … Read more>>>

GIC chief executive Lim Chow Kiat

Singapore’s GIC Builds 5% Stake in Brisbane Airport and More Asia Real Estate Headlines

GIC chief executive Lim Chow Kiat

2024/12/03 by Michael Cole Leave a Comment

Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s headline roundup. Also making the list, Hong Kong developer Chinachem wins a New Territories commercial site and mainland builder Sunac sells its stake in a… Read More>>

Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s … Read more>>>

Echo Huang Shaomei New World

Asia Real Estate People in the News 2024-12-02

Echo Huang Shaomei New World

2024/12/02 by Michael Cole Leave a Comment

A shock chief executive switch leads this week’s review of personnel moves in Asia’s real estate industry, with Hong Kong’s New World Development naming its second new leader in two months. Also making the list are new appointments at a… Read More>>

A shock chief executive switch leads this week’s review of personnel moves in Asia’s real estate industry, with Hong … Read more>>>

Eric Ma Siu-cheung

New World Selling Sports Complex Stake to Cheng Family for $53M as CEO Exits

Eric Ma Siu-cheung

2024/12/01 by Christopher Caillavet Leave a Comment

Hong Kong’s New World Development has agreed to sell its entire interest in a sports complex at the former Kai Tak Airport site to Chow Tai Fook Enterprises, the private holding firm of New World’s controlling Cheng family, for HK$416.7… Read More>>

Hong Kong’s New World Development has agreed to sell its entire interest in a sports complex at the former Kai Tak … Read more>>>

Satoshi Yamaguchi, president and CEO of Prologis REIT

Prologis Selling Greater Tokyo Shed to Japan REIT for $260M

Satoshi Yamaguchi, president and CEO of Prologis REIT

2024/11/30 by Christopher Caillavet Leave a Comment

Logistics giant Prologis has agreed to sell a five-storey warehouse in Chiba prefecture to the group’s Tokyo-listed REIT for JPY 39 billion ($260 million).

Nippon Prologis REIT is exercising its exclusive negotiation rights to acquire Prologis Park Yachiyo 1, the… Read More>>

Logistics giant Prologis has agreed to sell a five-storey warehouse in Chiba prefecture to the group’s Tokyo-listed REIT … Read more>>>

Hongkong Land CEO Michael Smith

Hongkong Land Touts $8B Shanghai Commercial Project Amid Strategic Shift

Hongkong Land CEO Michael Smith

2024/11/29 by Kevin He Leave a Comment

Nearly five years after paying what was then a record RMB 31.05 billion ($4.5 billion) for a development site in Shanghai’s Xuhui district, Hongkong Land has unveiled details of an $8 billion commercial project on the plot that marks the… Read More>>

Nearly five years after paying what was then a record RMB 31.05 billion ($4.5 billion) for a development site in … Read more>>>

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