Asia Pacific real estate investment news and information
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 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 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>>
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>>
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>>
Bridgestone is selling a housing compound in Tokyo’s upscale Roppongi area for more than JPY 63.3 billion ($423 million) above its book value, as the auto supplier parts with a property which has been on its balance sheet since 1897.
Japan Excellent Inc is selling a Tokyo office block for JPY 6.1 billion ($41 million) as the TSE-listed REIT anticipates an increase in repair expenses for the 1991-vintage building.
The office-focused J-REIT revealed in an investor disclosure on Monday that… Read More>>
A fund managed by TSE-listed real estate company Loadstar Capital is selling a central Tokyo office building for JPY 32.1 billion ($213 million), achieving a 30 percent mark-up from the price it paid to acquire the 13-storey tower less than… Read More>>
Japan Prime Realty Investment Corporation, a TSE-listed REIT, has agreed to acquire a 53 percent stake in a central Tokyo office building for JPY 28.8 billion ($190 million).
Nakano Central Park East, developed by JPR sponsor Tokyo Tatemono, is a… Read More>>
Mitsubishi Estate is selling a stake in a Tokyo office building to a TSE-listed REIT sponsored by the Japanese property giant for JPY 19.8 billion ($132 million).
Japan Real Estate Investment Corporation informed the Tokyo bourse on Tuesday that it… Read More>>
