Asia real estate and outbound investment news
Tokyo-listed residential developer Open House Group has made a tender offer to acquire the 36.58 percent of shares it does not already own in Osaka-based builder Pressance Corp for JPY 60.7 billion ($390 million).
A cash consideration is to be… Read More>>
Heitman has completed the purchase of three apartment buildings in Osaka, with the US real estate investment manager expanding its Japanese rental residential portfolio after multi-family transactions in the country surged 57 percent year-on-year in the 12 months through 30… Read More>>
Japan Hotel REIT plans to acquire two full-service Okinawa properties and two budget hostelries in Tokyo’s Shinjuku ward for a total of JPY 56.2 billion ($350 million), the TSE-listed trust’s manager announced Monday.
The transactions for Okinawa Harborview Hotel (JPY… Read More>>
After acquiring Japanese properties with some of the largest investors from Europe and North America, investment manager Alyssa Partners has teamed up with Japan’s third largest insurer to buy a portfolio of Japanese rental apartments with market sources indicating the… Read More>>
Japan’s rental residential market continues to be a hub of investment activity in Asia with a Tokyo-listed REIT announcing a pair of apartment investments this week.
Samty Residential Investment Corporation informed the TSE on Wednesday that it has purchased four… Read More>>
CapitaLand Ascott Trust announced on Sunday that it will divest three hotels in Osaka for JPY 10.7 billion ($75 million) as part of what the Singapore-listed REIT described as a portfolio reconstitution effort.
CLAS said in a press release that… Read More>>
KKR’s TSE-listed REIT is almost doubling its Japanese apartments portfolio as its manager announced on Thursday the acquisition of an apartment building in Nagoya and a stake in a portfolio of multi-family assets.
“JMF determined this time to acquire one… Read More>>
Savills Investment Management has completed its first acquisitions in Japan’s office and residential sectors under the firm’s flagship pan-Asian fund, with the vehicle also picking up a majority stake in a Perth neighbourhood mall for its third purchase in Australia.
Singapore’s TE Capital Partners has agreed to pay $100 million to acquire a set of 16 Tokyo rental residential properties on behalf of a family office client, as Japan’s multi-family sector continues to win favour with investors.
TE Capital, which… Read More>>
AXA IM Alts announced on Tuesday that it has acquired a pair of rental residential properties in Tokyo for JPY 6.9 billion ($54 million), unveiling its first multifamily asset purchase this year in Japan’s increasingly competitive build-to-rent sector after a… Read More>>
