In today’s review of real estate news from around the region, Indonesia’s Sinar Mas snaps up Burberry’s London headquarters from Derwent London, Microsoft pledges $5.5 billion to expand Singapore’s cloud and AI infrastructure, and DayOne Data Centers commits $6.9 billion… Read More>>
AWS to Invest Another $4.6B in South Korea by 2031 and More APAC Real Estate Headlines
Amazon Web Services leads today’s review of real estate and digital infrastructure news from around the region, pledging an additional $4.6 billion in South Korea as DigitalBridge completes a Japan data centre deal and Singapore’s private home prices ease to… Read More>>
Blackstone-Backed India REIT Seeks $3.9B IPO Valuation and More APAC Real Estate Headlines
India REITs lead today’s look at real estate headlines from around the region, with a Blackstone-backed trust prepping for its market debut. Singapore’s GIC also makes the news with a deal to sell a tower in Midtown Manhattan, and more… Read More>>
Singapore’s Thakral Sells Osaka Building for $36M and More Asia Real Estate Headlines
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>>