Lo-Goi Group, the industrial specialist set up by Logos co-founder Trent Iliffe, has formed a joint venture with French development and construction firm Groupe IDEC to launch a €400 million ($464 million) private fund targeting industrial projects in France, along… Read More>>
Lendlease Calls Link Offer for Retail Assets Opportunistic and More Asia Real Estate Headlines
Australian opportunities dominate Mingtiandi’s headline roundup today as Lendlease is forced to sell off a retail portfolio with Hong Kong’s Link REIT ready to pounce on marked-down properties. Also in process Down Under are talks for Goodman to buy a… Read More>>
Sumitomo Realty Buys Land Beneath Tokyo Station Mixed-Use Project
Sumitomo Realty & Development has solidified its hold on a project it is building in front of Tokyo’s central railway station by acquiring the land underneath the mixed-use complex.
The property arm of Sumitomo Corporation closed on the purchase of… Read More>>
Starwood Teams With Doma, Telstra to Develop 62MW Sydney Data Centre
US private equity player Starwood Capital Group has partnered with Singapore’s Doma Infrastructure Group and Australian telecom giant Telstra to develop a 62-megawatt data centre in western Sydney.
Starwood and Doma will take responsibility for financing, development, construction and ongoing… Read More>>
Weave Buys Tokyo Apartments to Bring Portfolio in the City to 1,400 Units
Weave Living has made its fourth major Japan acquisition in one year, with the regional rental residential player picking up seven Tokyo properties to add around 300 units to its portfolio in the country, according to an announcement late last… Read More>>
Ascott, Pegasus, Pacifica and CREAL Compare Hotel Strategies at Mingtiandi Tokyo Forum
Hotel investors in Japan face a choice of quickly unlocking value by changing how an existing asset is run or accepting a lengthier timeline to develop a more purpose-built property from the ground up, according to speakers at the Mingtiandi… Read More>>
Hong Kong’s AB Capital Grows Japan Portfolio to 11 Hotels With Osaka Buys, Wins Marriott Deal
Fund manager AB Capital has purchased two hotels in Osaka for renovation and repositioning under Marriott International’s midscale City Express brand.
The acquisitions mark Hong Kong-based AB’s 10th and 11th hotels in Japan and the debut of City Express by… Read More>>
Savills Names Former Knight Frank Exec Neil Brookes to Lead APAC Capital Markets
Savills has made its fourth senior hire in Asia Pacific in as many months, with the London-based agency naming former Knight Frank global capital markets head Neil Brookes as executive managing director with its Asia Pacific capital markets team.
Based… Read More>>
Singapore Family Office Buys Brisbane Hotel for $22M and More Asia Real Estate Headlines
A tourism boost from Brisbane’s upcoming Olympic games leads today’s real estate headlines, with a Singapore family office betting on a hotel in the Queensland capital. Also making the list are a fresh report on the potential for a CapitaLand-Mapletree… Read More>>
Wee Hur Joins Aravest in $123M Purchase of Singapore’s Hotel Miramar as Spree Continues
The latest commitment in a salvo of investments by Singapore’s Wee Hur Holdings was revealed on Monday when the company announced that it has invested in a fund managed by a unit of Sumitomo Mitsui Financing and Leasing which has… Read More>>
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