A pair of Japanese transactions lead Mingtiandi’s look at real estate news from around the region today, with a Singapore investment firm selling off an ageing Osaka office block and a KKR-managed REIT completing its divestment of a retail… Read More>>
KKR REIT Buys Fuji Soft Japan Office Portfolio for $463M
Japan Metropolitan Fund has acquired a 14-asset portfolio of office properties for JPY 68.7 billion ($463 million) from Fuji Soft, the systems developer owned by the Tokyo-listed REIT’s sponsor, KKR.
The portfolio comprises 12 office buildings and land leaseholds held… Read More>>
KKR Japan REIT to Sell Two Osaka Malls for $175M
KKR’s Tokyo-listed commercial REIT has agreed to sell a pair of suburban Osaka malls for a total of JPY 25.8 billion ($175 million) as the trust seeks to unload the properties at their point of maximum profitability.
Japan Metropolitan Fund… Read More>>
KKR Japan REIT Buying Nagoya Office Block for $64M
KKR’s Tokyo-listed commercial REIT has agreed to acquire a 14-storey office building in central Nagoya for JPY 9.7 billion ($64 million).
Japan Metropolitan Fund is picking up the building known as Glass City Sakae in Nagoya’s Sakae business district at… Read More>>
KKR Japan REIT Buying Hotel Project for $21M and More Asia Real Estate Headlines
The magnetism of Japan’s hospitality industry again leads Mingtiandi’s roundup of Asia real estate headlines today, with a Tokyo-listed REIT managed by KKR picking up a hotel in Kamakura, south of Tokyo for $21 million. Also making the news is… Read More>>
KKR Japan REIT Buying Greater Tokyo Mall, Three Other Properties for $390M
KKR’s Japan-focused commercial REIT plans to acquire four properties in Greater Tokyo and Osaka for a total of JPY 57.1 billion ($390 million), led by the purchase of a large mall in Chiba prefecture.
Japan Metropolitan Fund has agreed to… Read More>>
KKR Japan REIT Selling Yokohama Shopping Centre for $63M, Buying Kawasaki Mall for $33M
KKR’s Tokyo-listed commercial REIT has agreed to sell an ageing shopping centre in Yokohama for JPY 9 billion ($63 million) and plans to fill the gap with the JPY 4.8 billion buy of a newly completed Kawasaki mall.
Japan Metropolitan… Read More>>
Guangzhou R&F Selling UK Project for Third Time and More Asia Real Estate Headlines
One of China’s most creative developers leads today’s headline roundup with Guangzhou R&F setting a new Mingtiandi record by selling a project in South London for the third time. KKR also makes the news today with a REIT managed by… Read More>>
KKR Japanese REIT Announces Eighth Apartment Acquisition of 2023
KKR’s TSE-listed REIT is almost doubling its Japanese apartments portfolio as its manager announced on Thursday the acquisition of an apartment building in Nagoya and a stake in a portfolio of multi-family assets.
“JMF determined this time to acquire one… Read More>>
KKR Japan REIT Adds to Tokyo Apartment Pipeline With $33M Acquisition
One of the busiest global investors in Japan real estate is adding another asset to its portfolio, as KKR’s Tokyo-listed REIT has agreed to acquire an under-construction apartment building in the capital city’s Taito ward for JPY 4.32 billion ($33… Read More>>