Asia Pacific real estate investment news and information
GLP J-REIT has agreed to sell a warehouse located northeast of Tokyo to an undisclosed buyer for JPY 10.9 billion ($72 million), as the TSE-listed trust continues to carry out a divestment programme aimed at enhancing value for unitholders.
GLP… Read More>>
Asian industrial giant ESR has sold its remaining 30 percent stake in Kenedix to SMFL Mirai Partners, giving the unit of Sumitomo Mitsui Finance and Leasing full control of the Japanese real estate fund manager.
No financial details were disclosed,… Read More>>
Rental apartment specialist and asset manager Weave Living has announced the launch of its first fund aimed at domestic investors in Japan, with the vehicle having acquired a portfolio of 11 Tokyo multi-family assets valued at over JPY 20 billion… Read More>>
Hospitality giant Hilton has signed a deal with Japanese builder Mitsui Fudosan to establish Waldorf Astoria-branded luxury rental residences at a Tokyo mixed-use project.
Waldorf Astoria Residences Tokyo Nihonbashi will occupy the highest levels of a 52-storey tower under construction… Read More>>
Keppel DC REIT and its sponsor have agreed to buy a Greater Tokyo data centre from a Colt Data Centre JV in a deal valued at S$707 million ($551 million) after the recently opened facility was leased to Microsoft.
The… Read More>>
A KKR-sponsored REIT has agreed to sell an ageing Tokyo R&D facility to a development unit of Mitsubishi Corporation for JPY 10 billion ($68 million).
Industrial & Infrastructure Fund is unloading IIF Kamata R&D Center in the capital’s southernmost Ota… Read More>>
Hyatt Hotels Corp has announced the final closing of a JPY 22 billion ($149 million) fund to invest in development of luxury hot spring hotels in Japan under the Atona brand.
The Atona Impact Fund’s lead investors include Chicago-based hospitality… Read More>>
Hulic REIT has sold two ageing data centres in central Tokyo and Nagano to the TSE-listed trust’s sponsor, Japanese real estate giant Hulic, for JPY 5.7 billion ($38.6 million).
The deal’s headline asset, Ikebukuro Network Center in the capital’s Toshima… Read More>>
The real estate investment arm of banking giant Morgan Stanley has reached the final closing of a JPY 131 billion ($900 million) fund with a focus on properties in Japan’s residential, office and industrial sectors.
The yen-denominated vehicle, dubbed North… Read More>>
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>>
