Nelson Yap

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Sekisui almost double capital gain despite office uncertainty

DESPITE the ongoing impact of remote work on Tokyo’s office market, Sekisui House REIT has sold a major…

Jinmao checking out of 5-star Hilton resort for over US$250m

STATE-backed property developer China Jinmao is selling China’s first Hilton resort for over US$250 million. The developer, which…

MREIT expand Philippines office portfolio

FILIPINO property trust MREIT has gone on a major acquisition spree, buying six offices in the Philippines for…

Johor data centre site sold 200pc above book value

PROPERTY owners in Malaysia’s Johor Bahru are capitalising on the strong demand for data centres, with a development…

Megaworld earmarks PHP15bn for coastal township

FILIPINO real estate developer Megaworld will invest PHP15 billion (approximately US$260 million) to develop a new luxury beachfront…

Nomura divests Tokyo office for JPY13.5bn

THE Nomura Real Estate Master Fund has sold a Shibuya office building in the heart of Tokyo, for…

Singapore development sales remain in the doldrums

IT was another lull month for property developers in Singapore, as homebuyers remain cautious and selective. According to…

Aseana pulls the plug on MYR165m hotel sale

MALAYSIAN property developer Aseana Properties the cancelled the MYR165 million sale of the Hotel Sandakan and the adjacent…

Asia Property Journal Deals Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Retail Suzhou, China…

Sino-Ocean give offshore creditors good news

OFFSHORE creditors of Chinese state-backed property developer Sino-Ocean have received positive news. In a market update, the company…

Samty goes on acquisition spree

RENTAL housing real estate investment trust, Samty Residential, has acquired a portfolio of properties across Japan for over…

Marimo REIT expands portfolio with six acquisitions

THE MARIMO Regional Revitalization REIT continues to diversify its portfolio with the acquisition of six properties including a…

SkyWorld targets affordable housing segment

MALAYSIAN urban property developer SkyWorld Development has entered into a joint development agreement with PR1MA Corporation to deliver…

CDL making big splash along Singapore River

INTERNATIONAL real estate developer City Developments Limited (CDL) has unveiled a new mixed-use landmark and first redevelopment in…

Cathay Life pays a cool NT$2.73bn Taoyuan site

AUTOMOTIVE air conditioners manufacturer Everbrite Technology has sold a land parcel in Taoyuan City to insurer Cathay Life…