Hotels lead Mingtiandi’s look at real estate news from around the region today, with Singapore’s GuocoLand selling a 381-room asset just across the Malaysian border and Japan’s Ichigo completing the purchase of a 345-room property. Also making the list are… Read More>>
Ichigo Hotel REIT Buying Two Japan Hotels for $38M
Japan’s Ichigo Hotel REIT has agreed to acquire a property in Okinawa and another on the western coast of Honshu island for a total of JPY 5.7 billion ($38 million).
The Tokyo-listed trust sponsored by Ichigo, the investment manager led… Read More>>
Blackstone JV Said Planning 500MW India Data Centre and More Asia Real Estate Headlines
Private equity titan Blackstone is reportedly involved in what’s being billed as India’s largest data centre project, with that story leading today’s headline roundup. Also in the news, Hong Kong’s Kitec convention centre adjusts its redevelopment plans and investment giant… Read More>>
China Resources Buys 5 Hong Kong Shopping Centres and More Asia Real Estate Headlines
State-owned China Resources Land continues to scoop up Hong Kong properties in a down market, with that story leading today’s headline roundup. Japan’s listed trusts also make the news, with One REIT planning to sell three Tokyo office buildings and… Read More>>
Japan’s Ichigo Selling Fukuoka Hotels for $59M and More Asia Real Estate Headlines
Japan’s Ichigo plans to sell two properties to the firm’s sponsored hotel REIT, with that divestment leading today’s headline roundup. Also in the news, co-working giant WeWork is closing two Singapore locations and global fund managers are upping Korea housing… Read More>>
Japan’s Ichigo to Offer Token Backed by $79M in Tokyo Residential Assets
Japanese property and infrastructure firm Ichigo will launch its fifth residence token next month, with the digital security to be backed by seven Tokyo assets collectively valued at JPY 11.4 billion ($79 million).
Issued through the Osaka Digital Exchange, the… Read More>>
Hong Kong Land Sale Surprises as 10 Developers Bid and More Asia Real Estate Headlines
Unexpected enthusiasm leads Mingtiandi’s roundup of real estate news from around the region today as a government auction of a residential site in Hong Kong’s ho-hum market attracts 10 developers. PAG also makes the news with plans to up its… Read More>>
Japan’s Ichigo to Acquire Private Tosho Tokai REIT and Manager
Japanese property and infrastructure company Ichigo has agreed to acquire all shares of Tosho Tokai REIT and the unlisted trust’s asset management firm for an undisclosed price.
Tosho Tokai REIT owns 24 high-quality residential assets in Aichi prefecture, Ichigo said… Read More>>
Ichigo Office REIT Buying Six Properties in Tokyo, Fukuoka for $99M
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.
Japan’s Ichigo Office REIT Picks Up Two Fukuoka Office Buildings for $48M
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>>