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charlie ma greystar

Greystar, Frasers, Alyssa, AB Capital See Fundamentals Lifting Asia Lodging and Living

2024/05/15 by Beatrice Laforga Leave a Comment

The robust fundamentals underlying rental housing and hospitality businesses in some of Asia’s largest economies have made the region’s living and lodging sectors a top investment target post-pandemic, with that popularity unlikely to fade soon, according to executives from AB… Read More>>

Suchad Chiaranussati, SC Capital Partners

GIC Chooses SC Capital-Sponsored J-REIT as Preferred Bidder for Fukuoka Hotel

2024/05/13 by Michael Cole Leave a Comment

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>>

Fortress real state boss Thomas Pulley

Fortress Buying Kyushu Resort from Game Maker as Japan Hotel Deals Continue

2024/05/13 by Kevin He Leave a Comment

New York-based fund manager Fortress Investment Group is acquiring a resort complex in the southwestern Japanese city of Miyazaki, as an inbound tourism boom helped push acquisitions of hospitality assets to a record JPY 500 billion in 2023, according to… Read More>>

Koichiro Obu_014Pt

Central Tokyo Office Vacancy Dips to 3-Year Low of 5.4% as Rent Hikes Continue

2024/05/12 by Christopher Caillavet Leave a Comment

The average office vacancy rate in Tokyo’s central five wards eased to 5.4 percent in March from 6.2 percent six months earlier, dropping below 6 percent for the first time in three years, according to DWS.

Average vacancy for newly… Read More>>

Hotel Wing International Chitose in Hokkaido

Star Asia Group to Acquire Japanese Budget Hotel Operator Minacia

2024/05/11 by Christopher Caillavet Leave a Comment

Japan-focused property investor Star Asia Group has agreed to acquire Tokyo-based hotel operator Minacia from Unison Capital Partners for an undisclosed price.

Founded in 1990, Minacia runs 39 limited-service hotels with 5,180 rooms in major Japanese cities under brands such… Read More>>

Kensuke Kudo KKR

KKR Teams Up With Marriott to Launch Japan Hotels After Unizo Buy

2024/05/07 by Christopher Caillavet Leave a Comment

KKR has put a US brand on a set of 14 hotels that it acquired last year through its takeover of Japanese hospitality operator Unizo, with the properties to be managed under Marriott International’s Four Points Express by Sheraton.

The… Read More>>

Kohei Kawai, head of research for Colliers Japan

Tokyo Office Rents Inched Upward in Q1 as Tenants Seek Upgrades

2024/05/06 by Beatrice Laforga Leave a Comment

Tokyo’s office market continues to defy the global deskspace doldrums with rents expected to continue rising and vacancy to remain tight for the rest of 2024, signaling further strength for one of Asia’s hottest real estate investment destinations.

Average Grade… Read More>>

Ichigo Office REIT Selling Greater Tokyo Buildings as Earnings View Brightens

2024/05/02 by Christopher Caillavet Leave a Comment

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>>

Brian Hung, Director, APG Asset Management

Panel: Logistics Investment in Japan and Korea MTD TV APAC Logistics Forum 2024

2024/05/02 by Danita Phaopat Leave a Comment

North Asian markets have emerged as APAC’s strongest so far in 2024 with rents in the Seoul area having risen 1.1 percent in the first quarter of this year, despite an uptick in warehouse supply, according to JLL.

Meanwhile, Japan… Read More>>

Jon Tanaka Hines

Hines Buys Greater Osaka Orix Shed to Expand in Japan

2024/04/26 by Christopher Caillavet Leave a Comment

Hines has acquired a fully leased warehouse in Greater Osaka for an undisclosed price, with the announcement coming less than two weeks after the US developer and fund manager revealed its purchase of an office building in central Tokyo.

Hines… Read More>>

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