Germany’s Deka Sells Yokohama Industrial Park and More Asia Real Estate Headlines

A Japanese deal leads today’s look at real estate news from around the region as Germany’s Deka sells off an industrial asset outside of Tokyo. Also making the list are the future of some ESR China assets and Singapore’s plans for new housing projects in the first half of 2026.

Deka Sells Yokohama Industrial Park to Local Consortium

Deka Immobilien has sold the German Industry Park in Yokohama to a local consortium of Japanese institutional investors after holding the asset for more than 17 years. The transaction was made from the special assets of the Deka-ImmobilienGlobal open-ended real estate fund.

The German fund manager described the sale as an opportunity to take advantage of the favourable market conditions in Japan to sell the 15,600 square metre (167,917 square foot) property. The industrial park is fully leased to 24 tenants from the industrial, technology and manufacturing sectors and combines modern office space with flexible areas for research, development, production, product presentation and warehousing. Read more>>

ESR Said Considering Sale of Some China Assets

ESR is considering selling some of its assets in China, either individually or as a portfolio, to concentrate on other markets, according to people familiar with the situation.

The Asia-focused industrial giant plans to appoint advisors to help it review options for the sale of the assets, potentially for a few billion dollars, the people said, asking not to be identified discussing private information. Read more>>

Singapore Lines Up 10 Sites for 2026 H1 Land Sale Programme

Ten new sites will be on offer under Singapore’s government land sales programme for private residential housing in the first half of 2026, with seven on the confirmed list and three on the reserve list. 

They include a white site at Town Hall Link on the reserve list, the first parcel to be carved out from the Jurong Lake District master developer site. Read more>>

Carlyle Said Eyeing Majority Stake in India Housing Financing Firm

Carlyle Group is in talks to buy a majority stake in an Indian home mortgage firm as it seeks to step up investments in the local financial services sector, according to people familiar with the matter.

Carlyle is targeting an initial funding of $300 million in Mumbai-based Nido Home Finance, owned by Edelweiss Financial Services, the people said, asking to remain anonymous as the discussions are private. Negotiations are ongoing and a deal hasn’t been finalised, the people said. Read more>>

UBS Predicts Rising Wave of China Property Defaults

Mainland China’s falling property prices and a weak economy could lead to rising loan defaults, adding to a surfeit of foreclosed homes and further extending the years-long slump, according to UBS.

The number of apartments seized by banks from small businesses could reach more than 2.4 million by 2027, John Lam, head of China property research at the Swiss bank, said Tuesday. Most small businesses on the mainland pledge property as collateral for loans. Read more>>

Shanghai Censors Social Media Posts Containing Bad Property News

Shanghai authorities are censoring social media posts that express a pessimistic outlook on the housing market, underscoring the lengths regulators in the financial hub are taking to stem the deepening property crisis.

In less than three weeks, social media platforms Xiaohongshu and Bilibili removed more than 40,000 posts under a “special campaign” to regulate online real estate content, the Shanghai branch of the Cyberspace Administration of China said Tuesday. Read more>>

Morgan Stanley Predicts Challenging Q1 for China Property Market

Mainland China’s property market will remain under pressure in the first quarter of next year as weak monthly sales show few signs of a turnaround, according to Morgan Stanley.

Sales at the country’s top 100 developers fell 36 percent in November from a year earlier to RMB 184 billion ($26 billion), according to Morgan Stanley, which used data compiled by China Real Estate Information Corp. In the first 11 months, developers recorded RMB 2.71 trillion in sales, a decrease of 19 percent from a year earlier. Read more>>

Japanese Govt Now Registering Nationality of Homebuyers

The Japanese government plans to include nationality in the planned property registration database to track foreign ownership, digital transformation minister Hisashi Matsumoto said Tuesday.

Currently, buyers are not required to report their nationality when registering properties, such as condominiums. The Digital Agency aims to implement the planned database in fiscal 2027 or later. “We need to develop a database that allows us to centrally monitor foreign property ownership,” Matsumoto said at a press conference. Read more>>

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