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Hironori Nishikawa Tokyu Land

Tokyu Land’s Comforia Residential REIT Buying Seven Properties for $86M

Hironori Nishikawa Tokyu Land

2023/01/09 by Christopher Caillavet Leave a Comment

Tokyo-listed Comforia Residential REIT has agreed to acquire seven assets across Japan, including multifamily, student housing and senior living properties, for a total of JPY 11.4 billion ($86 million).

The buildings in Tokyo, Osaka, Kyoto and Saitama prefecture comprise nearly… Read More>>

Tokyo-listed Comforia Residential REIT has agreed to acquire seven assets across Japan, including multifamily, student … Read more>>>

Jack Ma, Daniel Zhang Alibaba

Alibaba-Backed Red Star Macalline in Talks to Sell Controlling Stake to Xiamen SOE

Jack Ma, Daniel Zhang Alibaba

2023/01/09 by Greg Isaacson Leave a Comment

Less than four months after having its credit rating withdrawn by Fitch Ratings, Alibaba-backed home furnishing mall operator Red Star Macalline Group Corporation is in talks to sell what could be a controlling stake in the company to Chinese state-controlled… Read More>>

Less than four months after having its credit rating withdrawn by Fitch Ratings, Alibaba-backed home furnishing mall … Read more>>>

Josh Stone Colliers

Colliers Hires Joshua Stone as Senior Director of Office Services in Hong Kong

Josh Stone Colliers

2023/01/09 by Christopher Caillavet Leave a Comment

Colliers has announced three high-level appointments in Hong Kong, led by the hiring of Joshua Stone to serve as a senior director in the office services department.

Most recently a director in the office leasing advisory at JLL Hong Kong,… Read More>>

Colliers has announced three high-level appointments in Hong Kong, led by the hiring of Joshua Stone to serve as a … Read more>>>

China Housing Market

Funding for China Property Firms Jumps 33% and More Asia Real Estate Headlines

China Housing Market

2023/01/09 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, government support delivers a boost to Chinese property firms’ fundraising efforts as Asia’s biggest economy tries to jump-start its ailing real estate sector.

Financing for Chinese Real Estate Firms Jumped… Read More>>

In today’s roundup of regional news headlines, government support delivers a boost to Chinese property firms’ … Read more>>>

Gan Ling SF REIT

Asia Real Estate People in the News 2023-01-09

Gan Ling SF REIT

2023/01/09 by Michael Cole Leave a Comment

Top-level moves in Hong Kong lead this week’s collection of personnel changes in Asia’s real estate world, with a logistics REIT changing over non-executive directors, a fund manager making a promotion on its property team and a listed developer adding… Read More>>

Top-level moves in Hong Kong lead this week’s collection of personnel changes in Asia’s real estate world, with a … Read more>>>

Gordon Tang Singhaiyi

Tang Reshuffles Stake in OUE C-REIT as Chip Eng Seng Buyout Continues

Gordon Tang Singhaiyi

2023/01/08 by Christopher Caillavet Leave a Comment

Gordon Tang has sold a 1.02 percent interest in Singapore-listed OUE Commercial REIT to his mother and son, as the mainland billionaire and wife Celine continue to build their stake in developer Chip Eng Seng in a bid to take… Read More>>

Gordon Tang has sold a 1.02 percent interest in Singapore-listed OUE Commercial REIT to his mother and son, as the … Read more>>>

Mitsui Fudosan president and CEO , Masanobu Komoda (Getty Images)

Mitsui Fudosan Sells Tokyo Office Space to Its REIT for $352M

Mitsui Fudosan president and CEO , Masanobu Komoda (Getty Images)

2023/01/08 by Greg Isaacson Leave a Comment

Mitsui Fudosan Co. is selling portions of two Tokyo office towers to Nippon Building Fund, a REIT sponsored by the Japanese real estate giant, for a total of JPY 47 billion ($352 million), as quality office assets in Japan’s capital… Read More>>

Mitsui Fudosan Co. is selling portions of two Tokyo office towers to Nippon Building Fund, a REIT sponsored by the … Read more>>>

Guo Guangchang of Fosun (Getty Images)

Fosun Selling Stakes in Four Industrial Companies to Steel Giant Jianlong for $980M

Guo Guangchang of Fosun (Getty Images)

2023/01/08 by Christopher Caillavet Leave a Comment

The new year brings fresh asset disposals by troubled Chinese conglomerate Fosun International, which has agreed to sell its entire interest in four industrial companies controlled by steel magnate Zhang Zhixiang for a total of RMB 6.7 billion ($980 million).

… Read More>>

The new year brings fresh asset disposals by troubled Chinese conglomerate Fosun International, which has agreed to sell … Read more>>>

Sandeep Bagla Prakhhyat tb

Mirae Fund Buys Warehouse From Prakhhyat Group to Enter India Logistics Market

Sandeep Bagla Prakhhyat tb

2023/01/08 by Beatrice Laforga Leave a Comment

The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group for INR 1.3 billion ($16 million), as the Korean asset manager looks for returns in the subcontinent’s real estate sector, according… Read More>>

The Indian arm of Mirae Asset Global Investments has acquired a Mumbai area warehouse from local builder Prakhhyat Group … Read more>>>

China housing

China Prepares to Ease ‘3 Red Lines’ and More Asia Real Estate Headlines

China housing

2023/01/06 by Christopher Caillavet Leave a Comment

In today’s roundup of regional news headlines, China continues its relaxation of property curbs with plans to dial back the “three red lines” policy and policies to offer cities an exit ramp from an imposed floor on mortgage rates.

Read More>>

In today’s roundup of regional news headlines, China continues its relaxation of property curbs with plans to dial back … Read more>>>

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