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>>
Mitsui Fudosan Sells Tokyo Office Space to Its REIT for $352M
Mitsui Fudosan Co. is selling portions of two Tokyo office towers to Nippon Building Fund, a REIT sponsored by the Japanese real estate giant, for a total of JPY 47 billion ($352 million), as quality office assets in Japan’s capital… Read More>>
Asia Real Estate People in the News 2022-12-12
One of Japan’s largest developers has chosen a new top executive and news of that changeover leads this week’s roundup of personnel moves from around the region, while the manager of a Singapore REIT of mainland assets announces that its… Read More>>
Japan’s Mitsui Fudosan Backs Frasers’ Sydney Condo Project in Aussie Debut
Japan’s largest property developer Mitsui Fudosan has made its first foray into Australia by investing in Frasers Property’s A$2.1 billion ($1.5 billion) urban renewal project in Sydney’s North Shore area, according to a release.
As a capital partner, the Tokyo-listed… Read More>>
Singapore Tycoon Wins Vancouver Battle and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a Singapore billionaire scores a victory in a running legal spat over a Canadian development site, while back in the city-state a condo block changes hands in the first collective sale since the… Read More>>
Shimao Shanghai Unit Defaults on $101M Loan and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, a unit of developer Shimao defaults on a $101 million project loan, Japan’s Mitsui Fudosan enters a deal to buy a London development site, and Kaisa bondholders seek advice on a potential financing… Read More>>
SF Holding Plans $786M HK Logistics REIT and More Asia Real Estate Headlines
In Mingtiandi’s latest roundup of regional news headlines, China’s largest listed courier service looks to spin off several logistics assets to an offshore REIT, Vanke edges closer to a property management IPO that could happen at the end of this… Read More>>
Lodha’s $341M Macrotech India IPO Set to Open Wednesday and More Asia Real Estate Headlines
In our latest roundup of regional news headlines, Indian developer Macrotech offers details of this week’s IPO, Chinese real estate group Gemdale acquires an office campus in California, and Japanese mall chain Lalaport gets ready to open its first… Read More>>
Nuveen Commits to Net Zero Carbon by 2040 and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, London-based real estate investment manager Nuveen pledges to zero out carbon in its portfolio by 2040, India’s Godrej Properties raises more than half a billion dollars through a share placement, and a former… Read More>>
Alibaba Fund, Swire Invest in HK Logistics Startup and More Asia Real Estate Headlines
In today’s roundup of regional news headlines, delivery platform Pickupp receives financing from venture funds tied to Alibaba and Swire, PropertyGuru snaps up a Malaysian property data firm, and a Japanese developer and its media company partner agree to buy… Read More>>