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>>
Hmlet Raises HK$310M to Expand APAC Co-Living Network
Co-living provider Hmlet has secured HK$310 million ($40 million) in a new round of funding that will allow the Singapore-headquartered company to ramp up its presence across Asia Pacific.
The fresh cash comes as the shared housing operator implements a… Read More>>
Blackstone Buys Tokyo Warehouse Portfolio From Mapletree for $920M
Blackstone has snapped up a portfolio of Japanese warehouses that includes online shopping giant Amazon’s Greater Tokyo distribution centre for around JPY 100 billion ($920 million), as the US investment manager zeroes in on Japanese e-commerce.
Blackstone confirmed that a… Read More>>
Gaw Buys Tokyo Office Tower From Sonny Kalsi’s GreenOak for JPY 84B
Hong Kong private equity firm Gaw Capital Partners has acquired a 13-storey office tower in Tokyo’s posh Aoyama area, the company confirmed in a conversation with Mingtiandi today without revealing financial details of the transaction.
Gaw, which manages real estate… Read More>>
ESR Acquires Tokyo Bay Site for $1B Shed Project in Run-Up to IPO
Asia logistics real estate platform ESR announced on March 29 that it has acquired a parcel of land on Japan’s Tokyo Bay for development of a $1 billion warehouse facility.
The Warburg Pincus-backed developer specified that the $1 billion represents… Read More>>
AEW Opens Tokyo Office
AEW Capital Management has opened a new office in Tokyo, as it expands its Asia Pacific real estate investment business into Japan, according to a recent statement by the Boston-based fund manager.
The Tokyo outpost is led by Steve Bass,… Read More>>
Patrizia Establishes Japan Foothold with Buyout of Tokyo’s Kenzo Capital
Germany’s Patrizia Immobilien has acquired Kenzo Capital Corporation, a Tokyo-based real estate advisory and asset management firm, giving the European real estate investment manager its first foothold in Japan.
Augsburg-based Patrizia unveiled the move in an announcement this week noting… Read More>>
Why Investors are Taking Note of Japan’s Tourism Boom in the Run-Up to Tokyo 2020 Sponsored Feature
With tourism in Japan booming and the 2020 Olympic Games on the horizon, investors have been taking a closer look at the country’s hotels.
Over 28.7 million travelers descended on Japan in 2017, up 19 percent from the previous year,… Read More>>
LaSalle Takes $1.2B Asia Fund to Disneyland for Tokyo-Area Hotel Buy
LaSalle’s latest Asia opportunity fund has acquired a hotel near Tokyo Disneyland. The real estate investment group announced the investment in the 216 room, eight-storey asset as an opportunity to profit from a Japanese tourism boom as inbound traveller numbers… Read More>>
Mitsui Fudosan Buys Art Deco Building in Prime Tokyo District for $811M
Japanese real estate giant Mitsui Fudosan has paid 85.03 billion yen ($811 million) for an 89-year-old building in Tokyo, a price 183 percent higher than expected by the seller, according to a report in Japan Property Central.
The seller of… Read More>>