India’s commercial capital leads today’s look at real estate news from around the region, with Japan’s Sumitomo pointing to Mumbai as the focus for its plan to invest $6.5 billion in the country. The living sector also figures prominently in… Read More>>
ESR Sells Remaining Stake in Japan’s Kenedix to SMFL Mirai Partners
Asian industrial giant ESR has sold its remaining 30 percent stake in Kenedix to SMFL Mirai Partners, giving the unit of Sumitomo Mitsui Finance and Leasing full control of the Japanese real estate fund manager.
No financial details were disclosed,… Read More>>
Japan’s SMFL Mirai Launches $140M Management-Backed Buyout of Logistics Platform CRE
SMFL Mirai Partners has launched its second buyout of a real estate fund manager in less than a year, putting forth a tender offer to privatise Japanese warehouse developer CRE Inc in a JPY 21.7 billion ($140 million) deal.
The… Read More>>