Just days after the release of encouraging financial results for the fourth quarter, the retail wing of Singapore’s largest property developer says it plans to spend JPY49.7 billion ($440.5 million) to add three office buildings and a shopping mall to… Read More>>
E-Shang Redwood Gets $100M More for Japanese Warehouses
e-Shang Redwood announced today that the State Oil Fund of Azerbaijan (“SOFAZ”) has agreed to invest $100 million in the Asian logistics real estate developer and fund manager’s Japanese projects.
The investment by the central Asian fund is the latest… Read More>>
Ant Financial Pushes URWork Valuation to $1B and More Asia Real Estate Headlines
The global co-working craze continues to grab headlines here in Asia as a pair of deals this week push one of China’s top shared office players to a $1 billion valuation, and a Singaporean developer bets on its own mainland… Read More>>
Blackstone Dangles $2.3B in Japan Residential in Front of a Hungry Anbang
Some buyers search far and wide looking for the best deal while others simply find a business they like and commit to them for years regardless of if there are bargains to be had elsewhere. It’s safe to say Anbang… Read More>>
TH Real Estate Buys First Japan Asset for $82 Mil
TH Real Estate has concluded the purchase of a commercial building in Tokyo’s Ginza district for $82 million, as the UK-based real estate investment house makes its first foray into Japan.
TH, which was formerly known as TIAA-Henderson Real Estate,… Read More>>
Sam Zell Re-Ups with ESR – Puts $205M into Japan Warehouse Projects
Sam Zell thinks Asia needs more warehouses, and the Chicago-based real estate magnate has just closed on his first Asian-focused fund, with the objective of profiting from development and operation of new logistics facilities in Japan.
Zell’s Equity International, which… Read More>>
CBRE Appoints Morgan Stanley Veteran as New Japan Head
CBRE has appointed long-time Mitsubishi UFJ Morgan Stanley executive Eiji Sakaguchi as its new Chief Executive Officer for Japan.
Sakaguchi, who previously served as head of the real estate group for the joint venture financial firm in Japan will start… Read More>>
e-Shang Redwood Secures Tokyo Site Following Ping An JV
e-Shang Redwood (ESR) has secured a pair of new Tokyo-area sites as the Asian-based logistics developer continues to build up its portfolio in anticipation of a potential IPO later this year.
ESR paid an undisclosed amount to acquire the two… Read More>>
Ping An Real Estate to Invest Over $300M into e-Shang Redwood’s Japan Projects
Leading Chinese institutional investor Ping An Real Estate has committed more than $300 million to invest in warehouse projects in Japan with logistics real estate platform e-Shang Redwood as fund managers continue their love affair with Asia’s distribution centres.
Ping… Read More>>
Goodman Completes Phase 1 of $1.5B Japan Business Park
Australia’s Goodman Group continued to expand its Asian portfolio last week with the opening of the first phase of an integrated industrial complex in Chiba Newtown, near Tokyo.
The 116,000 square metre first phase of Goodman Business Park in Chiba… Read More>>