Jardine Matheson’s ongoing reshaping of its investment portfolio leads today’s look at real estate news from around Asia Pacific, with the Hong Kong conglomerate delisting shares in Mandarin Oriental Hotel Group in London and Singapore. Also making the news are… Read More>>
Rava’s Logicap Wins Hulic Investment in India Sheds as Japanese Players Up Bets
Logicap Management, an industrial specialist backed by Singapore-based Rava Partners, has received an investment in two of the platform’s India logistics properties from Japanese developer Hulic, the companies said Thursday.
Logicap and Hulic set up a joint venture comprising stabilised… Read More>>
Wing of Incheon Hyatt Sells for $145M and More APAC Real Estate Headlines
A Korean hotel deal leads today’s look at real estate headlines from around Asia Pacific, as a casino operator adds half of a Hyatt to its Incheon footprint. Also in the news are a Gaw Capital logistics JV in the… Read More>>
Hong Kong’s New World Sees Loss Deepen to $2.1B and More Asia Real Estate Headlines
More bad news for Hong Kong’s New World Development leads today’s look at real estate happenings from around the region, as the builder reports steeper losses, despite asset sales. Also making the list are a potential office mega-deal in Seoul… Read More>>
Hulic REIT Sells Two Japan Data Centres to Sponsor for $39M
Hulic REIT has sold two ageing data centres in central Tokyo and Nagano to the TSE-listed trust’s sponsor, Japanese real estate giant Hulic, for JPY 5.7 billion ($38.6 million).
The deal’s headline asset, Ikebukuro Network Center in the capital’s Toshima… Read More>>
Marubeni’s United Urban J-REIT Selling Two Kawasaki Malls for $125M
United Urban Investment Corporation has agreed to sell a pair of Greater Tokyo malls for a total of JPY 18.4 billion ($125 million), the TSE-listed REIT announced late last week.
The trust sponsored by Japanese conglomerate Marubeni will offload the… Read More>>
Kenedix, Hulic Team With Kennedy Wilson to Buy Seattle Apartment Block for $173M
Fund manager Kenedix has partnered with fellow Japanese property player Hulic and US investment firm Kennedy Wilson to acquire a Seattle multi-family property for $173 million.
The 265-unit apartment complex, known as The Danforth, is in the densely populated First… Read More>>
ESR Breaks Ground on Singapore Shed With Japanese Partners Tokyu Land, Hulic
Hong Kong-listed industrial specialist ESR has begun construction of a multi-storey warehouse and automated container depot in Singapore alongside a quintet of Japanese co-investors.
The development of Sunview Logistics & Container Hub in western Singapore’s Jurong area brings together a… Read More>>
Singapore’s 3D Offers $160M to Boost J-REIT Stake and More Asia Real Estate Headlines
One of Singapore’s busiest activist investors seeks to boost its stake in a Japanese REIT, with that tender offer leading today’s headline roundup. Also making news, Tokyo-listed Kenedix REIT announces fresh acquisitions and China promotes a Hong Kong airport mega-project.
Family of Former Singapore President Marketing Mansion and More Asia Real Estate Headlines
The family of Singapore’s first elected president has put a mansion in one of the city-state’s poshest areas on the market, with that story leading today’s headline roundup. Also in the news, Malaysian builder Gamuda buys a data centre development… Read More>>