India’s commercial capital leads today’s look at real estate news from around the region, with Japan’s Sumitomo pointing to Mumbai as the focus for its plan to invest $6.5 billion in the country. The living sector also figures prominently in… Read More>>
Japan’s Kajima Takes On $974M Aussie BTR Venture and More Asia Real Estate Headlines
Japanese developer Kajima Corporation enters Australia’s booming build-to-rent market, with that story leading today’s headline roundup. Also making the list, asset manager IGIS invests in data centres in South Korea’s Busan and internet firm Kakao eyes a server-hosting facility near… Read More>>
Japan’s Kajima Backs $168M Elanor Shed Venture in Australia
Elanor Investors Group has set up a joint venture with Japan’s Kajima Corporation to develop an Australian logistics portfolio with a target value of A$250 million ($167.8 million).
The tie-up with Kajima’s Icon Developments unit is set to kick-start the… Read More>>
Angelo Gordon JV Closes in on $570M Sale in Singapore’s Bugis Area
Singapore’s office market continues to heat up with two towers in the city-state’s downtown area nearing sales at a combined S$790 million ($570 million), including a property in the Bugis area which Sun Venture is close to buying from an… Read More>>
AEW Selling Office Tower in Singapore’s Raffles Place To Kajima For $213M
Global fund manager AEW is selling a 16-storey office block in Singapore’s Raffles Place to a unit of Japanese construction and real estate firm Kajima Corp for S$286.9 million ($213.4 million), as global investors continue to target Singapore office assets.
Gemini Rosemont Makes $170M Silicon Valley Buy and More Asia Real Estate Headlines
Silicon Valley leads the Mingtiandi roundup of Asia real estate headlines today, with news that a US subsidiary of Sino-Ocean controlled Gemini Investments has bought a $170 million office complex in California’s tech hub, while it’s spring sales time in… Read More>>