A pan-continental move leads this week’s review of personnel updates from around Asia’s real estate industry with a veteran fund manager taking on fresh responsibilities in a new hemisphere. Also making the list is a resignation at a Tokyo-listed hotel… Read More>>
GIC Confirms Sale of Fukuoka Hilton to Mizuho Leasing, Flip to Japan Hotel REIT Expected
GIC has closed on Asia Pacific’s largest hotel deal by room-count this year with a spokesperson confirming to Mingtiandi on Friday that the Singapore sovereign fund sold the Hilton Fukuoka Sea Hawk to Mizuho Leasing in a transaction which closed… Read More>>
SC Capital’s Japan Hotel REIT Seals $350M in Buys and More Asia Real Estate Headlines
SC Capital-sponsored Japan Hotel REIT closes on the acquisition of four properties, with that story leading Mingtiandi’s headline roundup today. Also making the list, Equinix explores the sale of stakes in Hong Kong data centres and China’s CITIC Trust sues… Read More>>
SC Capital-Sponsored Japan Hotel REIT Buying Four Properties in Okinawa, Tokyo for $350M
Japan Hotel REIT plans to acquire two full-service Okinawa properties and two budget hostelries in Tokyo’s Shinjuku ward for a total of JPY 56.2 billion ($350 million), the TSE-listed trust’s manager announced Monday.
The transactions for Okinawa Harborview Hotel (JPY… Read More>>
GIC Chooses SC Capital-Sponsored J-REIT as Preferred Bidder for Fukuoka Hotel
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>>
Japan Hotel REIT Buys 170-Room Yokohama Asset for $28M as Demand Recovers
Japan Hotel REIT has completed its acquisition of a 170-room property in central Yokohama for JPY 4 billion ($28 million), the trust’s manager announced late last week.
Hotel JAL City Kannai Yokohama is a limited-service hotel aimed at business and… Read More>>