Asia real estate and outbound investment news
Japan Hotel REIT, the hospitality trust managed by Singapore-based SC Capital Partners, has agreed to buy the Hilton Fukuoka Sea Hawk from Mizuho Leasing for JPY 64.4 billion ($420 million), confirming Mingtiandi reporting from last year.
The Mizuho affiliate, which… Read More>>
US banking giant Goldman Sachs is lined up for its first data centre project in Asia after announcing a joint venture this week for a 120MW facility in Japan’s Fukuoka prefecture.
The investment bank’s Global Compute Infrastructure (GCI) division said… Read More>>
Goldman Sachs has expanded its Japanese multi-family portfolio with a JPY 12.7 billion ($89 million) acquisition of a 389-unit rental residential property in Fukuoka from SGX-listed CapitaLand Ascott Trust.
The purchase by Goldman Sachs Alternatives, a unit of Goldman’s asset… Read More>>
Ichigo Office REIT is acquiring three office assets in central Tokyo and three in central Fukuoka for a total of JPY 15.4 billion ($99 million), with the purchase to be funded using proceeds from the recent disposal of two properties.
GIC has chosen a real estate investment trust sponsored by Singapore’s SC Capital as the preferred bidder for a hospitality complex in Fukuoka, Japan, according to sources familiar with the process who spoke with Mingtiandi.
Tokyo-listed Japan Hotel REIT is… Read More>>
Singapore’s GIC has put a Japanese tourist hotel which was once Asia Pacific’s largest Hilton on the market as the sovereign wealth fund looks to contribute to a growing count of hospitality deals in Asia’s second-largest economy.
The $769-billion fund… 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>>
A board reshuffle at a Singapore-listed data centre REIT leads this week’s collection of personnel moves in Asia’s real estate industry, as Digital Core REIT names a new chairman and CFO. Adding to the turnover this week is a director… Read More>>
Japanese property and infrastructure company Ichigo Inc. is reshuffling its real estate portfolio, with one of its sponsored funds selling two office buildings to a Tokyo Stock Exchange-listed REIT under its management for a total of JPY 6.25 billion ($48… Read More>>
