Allianz Real Estate announced today that it has agreed to spend $160 million to add to its portfolio of Japanese apartments on behalf of its APREAP Core 1 Fund.
The property investment unit of the European insurance giant is acquiring… Read More>>
Allianz Expands Japan Multifamily Portfolio with €110M Tokyo Buy
Allianz Real Estate has braved the downturn in Japan to pick up a portfolio of multifamily properties in Tokyo for €110 million ($122 million), announcing the deal just weeks after the property investment arm of the European insurance giant opened… Read More>>
Greystar Unveils First China Apartment Project in Shanghai
Greystar Real Estate Partners has begun marketing its maiden project in China, as the US-based multi-family developer and operator notches another milestone in its Asia expansion.
Dubbed LIV’N 833, the upscale rental housing project is set to open in Shanghai… Read More>>
Blackstone Buying Back Japanese Apartments From Anbang for JPY 300B
Blackstone is poised to buy back a portfolio of Japanese rental apartments from troubled mainland insurer Anbang Insurance for JPY 300 billion ($2.7 billion) in what would be the largest property deal ever in Japan.
Stephen Schwarzman’s Blackstone, which has… Read More>>
Greystar Readies for $200M Debut Japan Acquisition, Names Country Head
Greystar Real Estate Partners has announced the appointment of Akira Kosugi as managing director of its Japan business as the US-based rental apartment developer embarks on the next stage of its Asia expansion.
The company’s newly launched Tokyo office brings… Read More>>
Blackstone Selling Japan Rental Apartment Portfolio to Allianz for €1.1B
Blackstone has agreed to sell a portfolio of rental apartment properties in Japan to Allianz Real Estate for €1.1 billion ($1.2 billion), according to an announcement by the Paris and Munich-headquartered insurer.
Marking its entry into the Japanese residential market,… Read More>>
Blackstone Seeks Buyer for $1.5B Japanese Multifamily Portfolio
US private equity giant Blackstone is seeking a buyer for a portfolio of 82 blocks of flats in Japan predicted to fetch up to $1.5 billion.
Blackstone has appointed JLL and Mizuho Trust & Banking as advisers for the sale,… Read More>>
Foreign Investment Pushes into India’s Nascent Multifamily Sector Sponsored Feature
Foreign investors are pushing into India’s rental housing market, with a big recent deal highlighting the potential for a shift away from mom-and-pop dominance in the sector.
Budget hotel operator OYO Rooms, backed by SoftBank, announced in late October its… Read More>>
CapitaLand Buys $835M in US Multifamily Assets From Starwood Capital
Southeast Asia’s largest developer, CapitaLand, has doubled its investment in the US with a single, $835 million purchase of a portfolio of multifamily properties, according to an announcement by the Singaporean company this week.
The government-linked developer’s CapitaLand International subsidiary… Read More>>
GIC to Invest Up to $1B in China Rental Housing JV with Warburg Pincus-Backed Nova
Singaporean sovereign wealth fund GIC is making its first foray into China’s rental housing market by establishing a joint venture with Warburg Pincus-backed rental housing startup Nova. According to a joint announcement today by GIC, Nova and Warburg Pincus, the… Read More>>
