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>>
ESR Takes on $2B Osaka Project to Launch Data Centre Business
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>>
Allianz Real Estate Ups Japanese Holdings With $89.5M Tokyo Apartment Buy
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 APAC Accounted for Record 21% of Deals in 2020
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>>
BentallGreenOak Buys Tokyo Music HQ for $693M
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>>
PGIM Buys Greater Tokyo Multi-Family Apartment Portfolio for $120M
One of 2020’s hottest asset classes hasn’t missed a beat in the new year, with PGIM Real Estate announcing on Thursday that it had acquired a six-building multi-family residential portfolio across Tokyo and Yokohama for $120 million.
The property investment arm… Read More>>
Nuveen, Kenedix and Bouwinvest Invest Another $226M in Tokyo Apartment Portfolio
Nuveen Real Estate has teamed up with Japan’s Kenedix to add seven new assets to their Tokyo apartment portfolio, according to an announcement this week.
Tokyo Multifamily Partnership, a venture managed by Nuveen and Kenedix with backing from Dutch pension… Read More>>
GLP Japanese REIT Raises $532M to Complete Purchase of 7 Logistics Assets
GLP’s Japan-focused REIT has completed a global offering of newly issued investment units, raising JPY 55.6 billion ($532 million) to acquire seven Japanese warehouse properties and furthering a busy season in the country’s logistics market.
The portfolio of assets purchased… Read More>>
Blackstone Buys $1B Japan Portfolio From PAG
Blackstone has made its fourth major real estate acquisition in Japan this year, bringing its combined spending on property assets in the country to more than JPY 540 billion ($5.2 billion).
The US private equity giant has spent about JPY… Read More>>
AXA Pays $880M to Add Tokyo Data Centre, Apartments to Japan Portfolio
AXA Investment Managers has added its first data centre to its growing portfolio of Japanese real estate assets as the division of French insurer AXA announced that it has completed its purchase of a Tokyo area facility today.
The real… Read More>>