Asia real estate and outbound investment news
US developer Hines has made its first-ever acquisition in Japan on behalf of its flagship pan-Asian fund, picking up a Yokohama office tower for an undisclosed amount.
The 1993-vintage New Stage Yokohama has a gross floor area of 50,304 square… Read More>>
Advertising giant Dentsu Group has moved a step closer to notching Japan’s largest-ever sale of a single building as the company proceeds with a plan to sell its Tokyo headquarters for as much as $3 billion, Mingtiandi has learned.
The… Read More>>
French financial services giant AXA is moving farther afield in search of yield in Japan’s rental residential sector, with the company announcing this week that it has acquired a pair of apartment towers in the city of Sendai.
AXA IM… Read More>>
Singapore-based ARA Asset Management announced Friday that it had increased its equity stake in Japanese fund manager Kenedix to 30 percent, up from 20.27 percent previously.
ARA had earlier supported the privatisation and buyout of Kenedix by Sumitomo Mitsui Finance… Read More>>
Private equity-backed internet infrastructure startup Digital Edge has agreed to acquire two fully-operational data centres in Tokyo to add 7MW of capacity to its growing collection of facilities in Asia Pacific.
The Singapore-based data centre operator, backed by New York’s… Read More>>
PGIM Real Estate remains on a tear in Asia Pacific, announcing on Wednesday that it had added an office building in Tokyo’s Toyocho area to its list of big-ticket acquisitions in 2021.
The real estate fund manager, which closed on… Read More>>
One of Asia’s best-known logistics developers is planning to start filling sheds with servers as Hong Kong-listed ESR on Thursday announced the acquisition of an Osaka data centre asset as part of a planned $2.15 billion project.
“As a leading… Read More>>
The world’s largest institutional investors continue to bet on Japanese rental apartments for their resilient returns, with Allianz Real Estate announcing on Friday that it had entered into an agreement to acquire a portfolio of Tokyo assets for €75 million… Read More>>
AXA Investment Managers says that its property investment division completed €9.7 billion ($11.7 billion) in real estate equity transactions on behalf of clients in 2020, up from €6.5 billion in 2019, with Asia Pacific accounting for a record 21 percent… Read More>>
A North American fund manager recorded a hit deal at the end of 2020, picking up the Tokyo headquarters of a Japanese entertainment conglomerate for JPY 72 billion ($693 million) to add to a $1.6 billion opportunistic vehicle.
BentallGreenOak has… Read More>>
