The big money to be made from low-budget housing leads today’s list of real estate headlines from around the region, as Singapore’s GIC closes in on a deal to sell a US trailer park business to Brookfield for around $10… Read More>>
CapitaLand Investment Fund Buys $210M Shinjuku Tower as Tokyo Portfolio Grows
A private fund managed by CapitaLand Investment has acquired a Tokyo mixed-use complex in a deal valuing the property at over JPY 30 billion ($210 million), with the Singaporean firm seeking to reposition the asset as a serviced residence offering… Read More>>
Orix JREIT to Buy Osaka Hotel for $230M, Sell Pair of Tokyo Properties for $120M
Osaka hotels continue to attract tourism-led investment, with Orix JREIT on Tuesday announcing plans to buy a 428-key property near the city’s Universal Studios Japan theme park for JPY 35 billion ($230 million).
The TSE-listed REIT is picking up Hotel… Read More>>