Japanese data centres lead today’s look at real estate news from around Asia Pacific, with Microsoft becoming the latest US hyperscaler to pledge a major expansion of its digital infrastructure in Japan. Also making the news, Korea’s Samsung SRA has… Read More>>
CapitaLand Ascendas REIT Enters Japan With $460M Osaka Data Centre Buy
CapitaLand Ascendas REIT is entering Japan’s data centre market with a S$620.7 million ($460 million) investment in a Greater Osaka hyperscale facility, as the Singapore-listed trust ramps up its exposure to digital infrastructure.
The deal marks CLAR’s first foray into… Read More>>
Alyssa Partners Teams With Mitsui Unit to Buy Tokyo Residential Tower for $80M
Alyssa Partners on Thursday announced its purchase of a central Tokyo residential building alongside a subsidiary of Japanese conglomerate Mitsui & Co, with market sources confirming a deal size of $80 million.
The acquisition of Higashi Kanda Terrace Residence in… Read More>>
Mitsui AM Buying Half-Stake in Greater Tokyo Data Centre for $120M
An asset management arm of trading giant Mitsui & Co plans to acquire a 50 percent stake in a hyperscale data centre in Greater Tokyo for JPY 18 billion ($120 million).
The 20-megawatt operational facility in Kanagawa prefecture is a… Read More>>
Hong Kong’s ITC Selling Half-Stake in Vancouver Hotel and More Asia Real Estate Headlines
A waterfront hotel in Canada takes centre stage in today’s headline roundup, as Hong Kong developer ITC plans to sell its half-stake in Vancouver’s Westin Bayshore. Also in the news, HKEX-listed Hysan posts a marginal profit dip and crowdfunders target… Read More>>
Germany’s AM Alpha Sells Tokyo Multi-Family Asset to Mitsui Private Fund
German family office AM Alpha has sold a newly completed rental apartment building in eastern Tokyo to a private fund managed by Mitsui & Co.
The 10-storey multi-family asset in Koto ward, known as Alpha Prime Toyocho, was developed by… Read More>>
Hines Teams With Mitsubishi, Mitsui to Buy Singapore Warehouse From Tobacco Giant
Hines has acquired a northern Singapore logistics asset in partnership with Japan’s Mitsubishi Estate and Mitsui & Co, marking the US developer and investment firm’s second industrial deal in the Lion City.
Houston-based Hines, property giant Mitsubishi Estate and Mitsui… Read More>>
Alyssa Partners, Gaw Capital Buy 29 Tokyo Apartment Buildings for Estimated $259M
Alyssa Partners and Gaw Capital Partners have acquired a portfolio of 29 Tokyo apartment buildings from a major Japanese conglomerate, according to an announcement on Friday, with the purchase of 835 homes representing the country’s largest trade of rental residential… Read More>>
Mitsui Unit Buys 12-Storey Tokyo Office Building in Tokenization Play
A unit of Japanese conglomerate Mitsui & Co has acquired a 12-storey office building in Tokyo’s central Shibuya ward from a US investment firm, with the aim of offering digital securities backed by the asset in the company’s latest deal… Read More>>
Patrizia-Mitsui JV Hits $110M First Closing for APAC Infrastructure Fund on Way to $1B Target
Japanese conglomerate Mitsui & Co and German asset manager Patrizia have reached $110 million in equity for the first closing of their Asia Pacific infrastructure fund with a goal of raising as much as $1 billion to invest in sustainable… Read More>>