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Lotte makes hotel reservation in Gangnam

KOREA’S largest listed REIT, Lotte REIT, has diversified into the hotel and lodging sector with the KRW300 billion…

Lendlease and Warburg Pincus bring to life new JV

LENDLEASE and Warburg-Pincus have minted their new joint venture platform with the S$1.6 billion acquisition of life sciences,…

China Petroleum divests Taiwan development

STATE-owned chemicals manufacturing and property development company, China Petrochemical Development Corporation, has divested a portfolio of properties for…

Singapore retail growth flatline

CONTINUED economic uncertainty and weak retail sales have seen landlords prioritise keeping tenants, resulting in retail rental growth…

Marimo REIT goes on shopping spree

DIVERSIFIED real estate investment trust Marimo Regional Revitalization REIT has gone on a spending spree, acquiring four assets…

SNC Former sells warehouse for a cool THB1 billion

AIR conditioner parts maker SNC Former has sold a warehouse and office in the Rayong Province in Thailand…

Macquarie backed Japan logistics development sold to consortium

A CONSORTIUM of Japanese investors has acquired a newly completed logistics facility in Shiga Prefecture, Greater Kansai from…

Nippon REIT refresh portfolio with triple sales

THE NIPPON REIT Investment Corporation has sold three assets as part of its strategy to improve the metrics…

Heiwa signs Hyatt in Sapporo

CHICAGO-based global hotelier Hyatt continues to expand its presence in Japan after an agreement with Heiwa Real Estate…

Singapore investors attracted to UK student housing

FAR East Orchard has established its first private fund in Singapore – FE UK Student Accommodation Development Fund,…

Christie’s target Singapore’s luxury real estate market

GLOBAL prestige agency Christie’s International Real Estate has launched into Singapore as part of its Southeast Asia expansion…

Asia Property Journal Deal Watch

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

Star Asia takes a shine to Japan’s hotel sector

PENSION funds-backed real estate investor Star Asia Investment Management has backed Japan’s booming tourism market by acquiring interests…

LaSalle invests US450m in Seoul logistics

GLOBAL player LaSalle Investment Management has purchased two logistics facilities in Greater Seoul, South Korea for US$450 million.…

Canada’s Manulife boosts exposure to Japan multifamily

THE investment arm of Canada’s largest insurance group Manulife has teamed up with Kenedix to acquire a multifamily…