Japanese overseas investments lead today’s real estate headlines from around Asia Pacific as Marubeni backs a residential project near Mumbai. Also making our list today is a series of fundraising announcements, including fresh milestones from CBRE IM, Ares and Bain… Read More>>
JD Industrials Falls in Hong Kong Stock Exchange Debut and More Asia Real Estate Headlines
A challenging market debut for JD’s logistics management division leads today’s look at real estate news from around Asia Pacific as JD Industrials slides on the HKEX. Also making the headlines are Japanese investment in Australia’s housing sector and a… Read More>>
Hong Kong Jockey Club Sells $1B Fund Portfolio and More Asia Real Estate Headlines
The challenges facing fund managers lead today’s look at real estate headlines from around Asia, with Hong Kong’s Jockey Club selling off stakes in major private equity vehicles at a discount as asset trades continue to elude investors. Also making… Read More>>
Marubeni’s United Urban J-REIT Selling Two Kawasaki Malls for $125M
United Urban Investment Corporation has agreed to sell a pair of Greater Tokyo malls for a total of JPY 18.4 billion ($125 million), the TSE-listed REIT announced late last week.
The trust sponsored by Japanese conglomerate Marubeni will offload the… Read More>>
Dai-ichi Life, Marubeni JV to Launch $2.8B Japan Property Fund
Japan’s second-largest life insurer, Dai-ichi Life Holdings has joined with Tokyo-based conglomerate Marubeni to launch a JPY 400 billion ($2.77 billion) real estate investment fund, tapping rising interest in property strategies among domestic institutions.
The new fund was announced on… Read More>>
Marubeni’s United Urban J-REIT Unloading Kawasaki Toshiba Building for $130M
United Urban Investment Corporation has agreed to sell an ageing Greater Tokyo office building to an undisclosed buyer for JPY 19 billion ($130 million), with the TSE-listed REIT also planning to acquire more strata space in the capital’s Chiyoda ward.