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>>
Mitsui Fudosan Sells Tokyo Office Space to Its REIT for $352M
Mitsui Fudosan Co. is selling portions of two Tokyo office towers to Nippon Building Fund, a REIT sponsored by the Japanese real estate giant, for a total of JPY 47 billion ($352 million), as quality office assets in Japan’s capital… Read More>>
Invesco Completes $3B Privatisation of Invesco Office J-REIT With Gaw Capital
Hong Kong-based fund manager Gaw Capital Partners on Friday announced that, together with US investment management firm Invesco, it has completed the $3 billion privatisation of Invesco Office J-REIT.
The deal, which was led by Invesco Asia Fund IV, represents… Read More>>
GLP Japanese REIT Raises $532M to Complete Purchase of 7 Logistics Assets
GLP’s Japan-focused REIT has completed a global offering of newly issued investment units, raising JPY 55.6 billion ($532 million) to acquire seven Japanese warehouse properties and furthering a busy season in the country’s logistics market.
The portfolio of assets purchased… Read More>>
APREA Rates Asia’s REITs
The Asia Pacific Real Estate Association (APREA), which promotes and represents the real estate asset class in Asia, this week launched a corporate governance index for REITs in Asia. This initiative is part of a major ongoing study of corporate… Read More>>