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Raymond Lawler_Hines Asia-Pacific CEO

Hines Buys Central Tokyo Office Building From Mitsubishi Estate-SMFL JV

2024/04/10 by Poonyapat Luenam Leave a Comment

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>>

UnionInvestment Adam

Germany’s Union Investment Sells Pair of Tokyo Office Buildings for Over $297M

2024/04/04 by Poonyapat Luenam Leave a Comment

As office rents in central Tokyo continue to climb, Germany’s Union Investment has sold a pair of commercial towers in the city’s central Shibuya ward after holding the assets for over nine years.

The Frankfurt-based fund manager in February announced… Read More>>

Kenneth Gaw, Gaw Capital Partners

Gaw Capital and GDS Team Up for 40MW Greater Tokyo Data Centre Campus

2024/04/03 by Kevin He Leave a Comment

Just one week after announcing a $587 million capital raise to fund its expansion beyond mainland China, Shanghai-based data centre developer and operator GDS has struck a partnership with Gaw Capital to build a 40-megawatt (MW) data centre campus in… Read More>>

Marubeni Corporation president and CEO Masumi Kakinoki

Marubeni’s United Urban J-REIT Unloading Kawasaki Toshiba Building for $130M

2024/03/29 by Christopher Caillavet Leave a Comment

United Urban Investment Corporation has agreed to sell an ageing Greater Tokyo office building to an undisclosed buyer for JPY 19 billion ($130 million), with the TSE-listed REIT also planning to acquire more strata space in the capital’s Chiyoda ward.

… Read More>>

Global Link Management chief executive Daejoong Kim

Tokyo-Listed Real Estate Firm Selling 14 Japanese Residential Assets for Over $99M

2024/03/28 by Poonyapat Luenam Leave a Comment

Japan’s Global Link Management is selling a portfolio of apartment buildings across Tokyo and two neighbouring prefectures as investors continue to favour opportunities in Asia’s largest rental housing market.

The TSE-listed developer is selling 14 multi-family properties in Tokyo, Saitama,… Read More>>

PDG TY1 Japan

PDG, Lendlease Complete Initial 48MW Phase at Greater Tokyo Data Centre

2024/03/28 by Christopher Caillavet Leave a Comment

Singapore-based Princeton Digital Group and Australian builder Lendlease have completed construction of the 48-megawatt first phase of the data centre platform’s first project in Japan.

The six-storey facility in Saitama City, 30 kilometres (18.6 miles) north of central Tokyo, is… Read More>>

Mitsubishi Estate president and chief executive Atsushi Nakajima

Mitsubishi Estate Breaks Ground on $1.3B Entertainment City in Central Tokyo

2024/03/18 by Mingtiandi Team Leave a Comment

Mitsubishi Estate and Tokyo Broadcasting System have broken ground on an entertainment industry hub in central Tokyo that will span 205,800 square metres (2.2 million square feet) including office, theatre, retail and hotel space.

Mitsubishi Estate and TBS last week… Read More>>

Sankei President & CEO Kazunobu Iijima

Sankei Real Estate Buying Out Tokyo Office Building for $50M, Adding Hokkaido Hotel

2024/03/04 by Christopher Caillavet Leave a Comment

Sankei Real Estate has agreed to buy out the remaining 49 percent interest it does not own in a central Tokyo office building for JPY 7.5 billion ($50 million), with the TSE-listed REIT also set to acquire a 40 percent… Read More>>

NTT Urban Development president and CEO Hiroshi Tsujigami

NTT UD REIT Upping Stake in Tokyo Mixed-Use Complex With $99M Investment

2024/03/01 by Christopher Caillavet Leave a Comment

Japan’s NTT UD REIT has agreed to increase its 15 percent interest in a Tokyo mixed-use complex to 34.2 percent via a JPY 14.9 billion ($99 million) stake acquisition from the trust’s sponsor.

The complex, known as Granpark, is a… Read More>>

Keiichi Yoshii daiwa house president and ceo

Daiwa House Selling Chiba Warehouse to J-REIT for $200M

2024/02/22 by Poonyapat Luenam Leave a Comment

Daiwa House Industry is selling a logistics facility in Greater Tokyo to a TSE-listed REIT sponsored by the Japanese home builder for JPY 30 billion ($200 million).

Daiwa House REIT Investment Corporation is acquiring DPL Urayasu III in Chiba prefecture,… Read More>>

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