Asia real estate and outbound investment news
A partnership formed by Melbourne-based Salter Brothers and a Japanese property firm has seen the Australian fund manager take over asset management for a five-star resort in the southern island of Kyushu.
Hospitality-focused Salter Brothers joined forces with Tokyo Century… Read More>>
A joint venture of Canada’s Manulife Investment Management and Tokyo-based Kenedix has acquired a nine-asset multi-family portfolio in Japan for JPY 23 billion ($160 million).
Located in the Greater Tokyo and Osaka areas, the properties have an average age of… Read More>>
Japan’s Star Asia Investment Corp has agreed to acquire four hotels for a total of JPY 34.6 billion ($240 million), as the Tokyo-listed REIT makes strides towards its goal of amassing JPY 300 billion in assets by 2026.
The assets… Read More>>
Tokyo-listed Nomura Real Estate Master Fund has agreed to acquire a Hokkaido hotel from Japanese builder Daiwa House Industry for JPY 6.3 billion ($43 million).
The REIT sponsored by Nomura Real Estate Development is buying La’gent Stay Hakodate Ekimae in… Read More>>
US private equity giant Warburg Pincus and Australian real estate group Lendlease have achieved the final closing of their Asia Pacific life sciences joint venture, with the companies aiming to grow the partnership into a multi-billion-dollar platform.
The Singapore-based JV… Read More>>
ESR-Logos REIT has entered into separate agreements to acquire a Japan logistics facility and a majority stake in a Singapore industrial complex for a total of S$772.6 million ($577.3 million).
The Singapore-listed trust will buy ESR Yatomi Kisosaki Distribution Centre… Read More>>
Healthcare-focused Parkway Life REIT is adding to its Japan portfolio with the acquisition of an Osaka nursing home from developer FDS for JPY 2.4 billion ($16 million).
The purchase of the 138-bed Hibisu Higashi Sumiyoshi marks Singapore-listed PLife REIT’s second… Read More>>
Dash Living has teamed up with US investment management giant BlackRock to acquire an upscale 29-unit multi-family property in Tokyo, as the Asian rental housing provider continues to expand its residential portfolio in Japan amid growing demand for accommodation in… Read More>>
Hong Kong-based AB Capital has acquired a pair of hotels in Osaka and Kyoto to bring its collection of Japanese hostelries to six, according to an announcement on Friday.
Working on behalf of a newly established fund, the private equity… Read More>>
Tokyu REIT has agreed to acquire the 47.4 percent stake it doesn’t already own in a Tokyo office building from its sponsor, Tokyu Corporation, for JPY 14.7 billion ($93 million).
The TSE-listed trust is buying out the 11-storey Tokyu Bancho… Read More>>
