Asia Pacific real estate investment news and information
Singapore’s GIC has reprised one of its favourite investment themes of 2023, with the sovereign fund picking up a Yokohama warehouse built by Daiwa House Industry after buying nine assets developed by the Japanese giant last year.
Regarded as Daiwa… Read More>>
Tokyo-listed Nomura Real Estate Master Fund has agreed to acquire a Hokkaido hotel from Japanese builder Daiwa House Industry for JPY 6.3 billion ($43 million).
The REIT sponsored by Nomura Real Estate Development is buying La’gent Stay Hakodate Ekimae in… Read More>>
Units at Singapore’s Gramercy Park condo linked to a money-laundering case are on the market for $23 million, with that story leading Mingtiandi’s headline roundup today. Also making the news, a unit of Malaysia’s Sunway plans to acquire a 70… Read More>>
Board moves at real estate giants in Hong Kong, Singapore and mainland China led this week’s review of personnel moves from around the region on Mingtiandi, starting with Shui On Land promoting an heir-apparent to vice chairman. Also making the… Read More>>
Daiwa House Industry is selling a logistics facility in Greater Tokyo to a TSE-listed REIT sponsored by the Japanese home builder for JPY 30 billion ($200 million).
Daiwa House REIT Investment Corporation is acquiring DPL Urayasu III in Chiba prefecture,… Read More>>
Daiwa House Industry reported a net profit for the fiscal nine months to December of JPY 216.2 billion ($1.5 billion), up 30.1 percent year-on-year, as the Japanese developer’s net sales reached a record high.
The blowout earnings were due in… Read More>>
China’s relaxation of home purchase restrictions has spread into the country’s wealthiest markets in recent weeks and average home prices are already starting to drift upward, with that story leading Mingtiandi’s headline roundup today. SGX-listed Daiwa House Logistics Trust also… Read More>>
Daiwa House Logistics Trust is expanding beyond its home market of Japan with the SGX-listed REIT having agreed to acquire a newly built warehouse near Ho Chi Minh City from its sponsor for VND 483 billion ($20 million).
The trust… Read More>>
GIC has acquired a pair of Japanese logistics facilities from Daiwa House Industry for an undisclosed sum, marking the eighth and ninth industrial assets that the Singapore sovereign wealth fund has purchased from the developer in its home market this… Read More>>
China’s malls can now be included in the country’s real estate investment trusts of infrastructure assets, with announcements of the first successful applications under the revised rules leading Mingtiandi’s headline roundup today. Also making the list is mainland developer Jingrui’s… Read More>>
