Asia real estate and outbound investment news
Ada Infrastructure has begun construction of the second of three planned buildings at its Tokyo West 1 campus, with the GLP-backed business targeting a combined IT load capacity of 31 megawatts for the finished project.
The first building, which has… Read More>>
A fund managed by Gaw Capital Partners has acquired a third property for its Greater Tokyo data centre campus, with the deal enabling the Hong Kong-based private equity firm to double the development’s total IT capacity upon completion.
With the… Read More>>
Ichigo Office REIT is acquiring three office assets in central Tokyo and three in central Fukuoka for a total of JPY 15.4 billion ($99 million), with the purchase to be funded using proceeds from the recent disposal of two properties.
ESR Group is developing a 60-megawatt facility in Tokyo for its fourth data centre location in Japan as the industrial specialist doubles down on a sector it expects will drive its continued expansion.
The HKEX-listed developer and fund manager announced… Read More>>
The average office vacancy rate in Tokyo’s central five wards eased to 5.4 percent in March from 6.2 percent six months earlier, dropping below 6 percent for the first time in three years, according to DWS.
Average vacancy for newly… Read More>>
Tokyo’s office market continues to defy the global deskspace doldrums with rents expected to continue rising and vacancy to remain tight for the rest of 2024, signaling further strength for one of Asia’s hottest real estate investment destinations.
Average Grade… Read More>>
Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals.
The REIT,… Read More>>
A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo mega-project anchored by a 57,000-seat stadium, with the project on the former site of the Tsukiji market expected to cost around JPY… Read More>>
Alyssa Partners and Gaw Capital Partners have acquired a portfolio of 29 Tokyo apartment buildings from a major Japanese conglomerate, according to an announcement on Friday, with the purchase of 835 homes representing the country’s largest trade of rental residential… Read More>>
Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer continues to expand in Japan.
“Proud to announce our Hines Japan team has acquired the newly-built, 14-story Zenith Minami Shinjuku office building in… Read More>>
