Asia Pacific real estate investment news and information
LaSalle Investment Management has sold stakes in two Shanghai multi-family assets to a vehicle managed by China Life Capital, while retaining majority ownership through its Asia opportunistic strategy and continuing to operate the properties under its Cozi platform.
The insurer-backed… Read More>>
M&G Real Estate has acquired six residential assets in Tokyo for JPY 19.4 billion ($126 million), upping its exposure to Japan’s rental housing sector as it seeks stable income streams in major urban markets.
The assets were purchased on behalf… Read More>>
Invesco Real Estate has acquired a portfolio of 13 rental residential properties in Tokyo, upping the US investment manager’s exposure to Japan’s multi-family sector.
The acquisition comprises 540 apartments and a total floor area of 20,000 square metres (215,278 square… Read More>>
Japan’s multi-family sector is cementing its status as a defensive asset class, with resilient income, deep liquidity and sustained rental growth supporting allocations despite global uncertainty, according to senior executives from Alyssa Partners, Gaw Capital Partners, Samurai Capital and Savills… Read More>>
Dash Living has acquired a portfolio of Tokyo rental residential assets valued at around $400 million, as the Hong Kong-based operator expands its Japan footprint with backing from Hillhouse Investment’s Rava Partners real assets arm.
The deal covers eight multi-family… Read More>>
SGX-listed Coliwoo has put seven properties up for sale for a total of S$218.5 million ($171.3 million), as Singapore’s largest co-living operator looks to redeploy capital into higher-yielding opportunities under an asset-light strategy.
The portfolio comprises five of Coliwoo’s owned… Read More>>
CapitaLand Ascott Trust has acquired three rental residential assets in the southwest corner of Greater Tokyo for a total of JPY 4.6 billion ($29.8 million), as Asia Pacific’s biggest lodging REIT maintains its focus on the Japanese living sector.
The… Read More>>
Singapore-listed Centurion Accommodation REIT posted net property income of S$36.1 million ($28.5 million) for its inaugural financial period, beating its IPO forecast by 4.1 percent on higher rents and strong occupancy across its worker and student housing properties.
CAREIT’s gross… Read More>>
Local Residential has acquired a rental apartment development in Melbourne from US builder Hines, with the project said to have a stabilised asset value of A$370 million ($258.8 million).
The site at 15-37 Bank Street will yield 355 apartments with… Read More>>
Shares of The Assembly Place made a strong trading debut Friday on the Singapore Exchange’s Catalist board, leaping 26.1 percent to close at S$0.29 ($0.23).
The co-living operator’s stock began trading at 9am under the symbol TAP and soared 34.8… Read More>>
