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Orix Corp CEO Makoto Inoue

Orix JREIT Buying Pair of Hotels in Osaka, Kyoto From Daiwa House Unit for $50M

Orix Corp CEO Makoto Inoue

2024/12/26 by Christopher Caillavet Leave a Comment

Orix JREIT has agreed to buy two hotels in Japan’s Kansai region from a Daiwa House affiliate for JPY 7.9 billion ($50 million).

The Tokyo-listed trust is picking up the 48-key Mimaru Osaka Shinsaibashi East for JPY 5.3 billion and… Read More>>

Orix JREIT has agreed to buy two hotels in Japan's Kansai region from a Daiwa House affiliate for JPY 7.9 billion ($50 … Read more>>>

Japan Excellent executive director Shuichiro Kayama

Japan Excellent REIT Sells Pair of Assets in Greater Tokyo, Osaka to Sponsor for $78M

Japan Excellent executive director Shuichiro Kayama

2024/12/26 by Christopher Caillavet Leave a Comment

Japan Excellent Inc has sold a pair of properties in Greater Tokyo and Osaka to the office-focused REIT’s sponsor, Nippon Steel Kowa Real Estate, for a total of JPY 12.3 billion ($78 million).

JEI transferred the Kowa Kawasaki Higashiguchi Building… Read More>>

Japan Excellent Inc has sold a pair of properties in Greater Tokyo and Osaka to the office-focused REIT’s sponsor, … Read more>>>

Jubilant Plaza Cheung Sha Wan Hong Kong

China Resources Buys 5 Hong Kong Shopping Centres and More Asia Real Estate Headlines

Jubilant Plaza Cheung Sha Wan Hong Kong

2024/12/26 by Michael Cole Leave a Comment

State-owned China Resources Land continues to scoop up Hong Kong properties in a down market, with that story leading today’s headline roundup. Japan’s listed trusts also make the news, with One REIT planning to sell three Tokyo office buildings and… Read More>>

State-owned China Resources Land continues to scoop up Hong Kong properties in a down market, with that story leading … Read more>>>

GDS Chengdu Data Centre

GDS Data Centres Said Considering China REIT IPO and More Asia Real Estate Headlines

GDS Chengdu Data Centre

2024/12/25 by Michael Cole Leave a Comment

A pair of Chinese data centres leads today’s Christmas review of real estate headlines from around Asia as GDS gears up for a mainland IPO while one of its rivals looks for a listing on a US exchange. Defaulting developer… Read More>>

A pair of Chinese data centres leads today’s Christmas review of real estate headlines from around Asia as GDS gears up … Read more>>>

John Siu of Cushman & Wakefield

Hong Kong Office Rents Seen Continuing Slide After 5.9% Drop in 2024: C&W

John Siu of Cushman & Wakefield

2024/12/25 by Christopher Caillavet Leave a Comment

Grade A office rents in Hong Kong were down 5.9 percent in the year to date as of mid-November, according to Cushman & Wakefield, and the consultancy predicts as much as a 9 percent drop in 2025.

In the fourth… Read More>>

Grade A office rents in Hong Kong were down 5.9 percent in the year to date as of mid-November, according to Cushman … Read more>>>

Richard Law JD

JD Property Enters Japan Logistics Market in GLP Shed Buy With Alyssa Partners

Richard Law JD

2024/12/25 by Christopher Caillavet Leave a Comment

China’s JD Property has completed its first acquisition in Japan’s logistics sector, picking up two warehouses with a total gross floor area of 103,000 square metres (1.1 million square feet), with Tokyo-based residential specialist Alyssa Partners acting as asset manager.

… Read More>>

China’s JD Property has completed its first acquisition in Japan's logistics sector, picking up two warehouses with a … Read more>>>

Malaysia Crowned SE Asia’s Top Data Centre Hub as 2024 Investment Hits $32B

2024/12/25 by Christopher Caillavet Leave a Comment

Malaysia secured MYR 141.7 billion ($31.6 billion) in digital infrastructure investments in the first 10 months of 2024 to solidify its standing as Southeast Asia’s top data centre hub, according to Knight Frank.

The result more than tripled the MYR… Read More>>

Malaysia secured MYR 141.7 billion ($31.6 billion) in digital infrastructure investments in the first 10 months of 2024 … Read more>>>

Yoshitaka Kitao, president and CEO of SBI Group

Nippon REIT Completes Sale of Ginza Office Block and More Asia Real Estate Headlines

Yoshitaka Kitao, president and CEO of SBI Group

2024/12/24 by Michael Cole Leave a Comment

Tokyo-listed Nippon REIT completes the sale of an office building in the Ginza area, with that divestment leading today’s headline roundup. Also making news, Samsung’s construction unit wins a contract to build a sports complex near Seoul and Chinese developer… Read More>>

Tokyo-listed Nippon REIT completes the sale of an office building in the Ginza area, with that divestment leading … Read more>>>

Han Khim Siew, CEO of OUE C-REIT

OUE REIT Selling Shanghai’s Lippo Plaza for $263M to Exit China Market

Han Khim Siew, CEO of OUE C-REIT

2024/12/23 by Michael Cole 1 Comment

Singapore’s OUE REIT is selling a Shanghai office tower for 35 percent below its 2018 valuation as it exits mainland China’s declining property market, according to a statement on Friday.

The manager of the SGX-listed trust informed the stock exchange… Read More>>

Singapore’s OUE REIT is selling a Shanghai office tower for 35 percent below its 2018 valuation as it exits mainland … Read more>>>

Suchad Chiaranussati, SC Capital Partners

SC Capital’s Japan Hotel REIT Selling Fukuoka Property to Risa Partners for $29M

Suchad Chiaranussati, SC Capital Partners

2024/12/23 by Christopher Caillavet Leave a Comment

Japan Hotel REIT plans to sell a limited-service property in Fukuoka to fund manager Risa Partners for JPY 4.6 billion ($29 million), according to an announcement late last week.

The 247-key Washington Hotel Plaza Hakata Nakasu is changing hands for… Read More>>

Japan Hotel REIT plans to sell a limited-service property in Fukuoka to fund manager Risa Partners for JPY 4.6 billion … Read more>>>

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