Singaporean giant GIC acquires a stake in Australia’s third-busiest airport, with that investment leading today’s headline roundup. Also making the list, Hong Kong developer Chinachem wins a New Territories commercial site and mainland builder Sunac sells its stake in a… Read More>>
China’s Wanda Selling Luxury Yacht Maker at Half-Off and More Asia Real Estate Headlines
Chinese conglomerate Dalian Wanda is said to be selling yacht maker Sunseeker at a deep discount, with that report leading today’s headline roundup. Also making the list, two Japan REITs complete disposals of Tokyo properties and Global Switch explores the… 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.
Ichigo Office REIT Selling Greater Tokyo Buildings as Earnings View Brightens
Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals.
The REIT,… Read More>>
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>>