A RARE and luxurious detached house in Hong Kong’s New Territories is on the market with an indicative price of HKD$80 million (approximately USD$10.2 million). Savills has been appointed as…
DEDICATED residential REIT Daiwa Securities Living has increased its exposure to Tokyo after reweighing its portfolio with over JPY3.3 billion worth of transactions. Daiwa Securities Living has acquired two rental…
AN office unit at Samsung Hub in Singapore’s central business district has sold for S$14.80 million by agents Knight Frank Singapore, noting a marked improvement in the market which is…
JAPAN’S buoyant industrial and logistics market is heating up as Mitsui Fudosan and GLP Japan join forces to invest over JPY500 billion (US$3.53 billion) in cold storage facilities to capitalise…
DEMAND for apartments continue to be muted in Singapore which discouraged property developers from launching any new projects, instead they are focussing on trying to move existing stock. The latest…
REAL estate asset manager ESR has fully leased the first phase of the ESR Asia Suvarnabhumi project to four Japanese and United States transnational corporations. Phase 1 of ESR Asia…
MALAYSIA’s industrial and logistics property market is leading the way in attracting the semiconductor and chip manufacturing sector with almost MYR34.24 billion (approximately US$8 billion) invested in the Q1 2024.…
INVESTORS in Asia Pacific’s hotel property market are benefitting from greater certainty as latest JLL and Baker McKenzie research shows management agreements now average 17.4 years with Japan recording one…
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Cheonan, South Korea Cosmetic containers manufacturer Taesung Group has acquired an industrial property in…
THE KIP Real Estate Investment Trust (KIP REIT) has acquired the Dpulze shopping centre in Selangor for MYR320 million (approximately US$75 million). The property is a seven-storey commercial building with…
THE living sector in Asia Pacific presents significant opportunity for investors looking to diversify their portfolios across the region, with multifamily or build-to-rent becoming the most sought after asset class.…
OSAKA’S strong tourism growth has spurred the Nomura Real Estate Master Fund to acquire a hotel for JPY4.23 billion. NMF has acquired the hotel androoms Shin Osaka from Daiban Hotel…
GLOBAL hotelier InterContinental Hotels Group (IHG) is expanding the Kimpton brand in China after signing a deal with developer Hang Lung Group, to open a hotel in Shanghai. Hang Lung’s…
THE Tokyo Land Corporation has purchased a prime retail property in Shibuya for JPY6.53 billion (approximately US$47 million), 40% above the book value. The property, CONZE Ebisu, was sold by…
MALAYSIAN investment and property development company Suria Capital has inked an agreement to jointly develop a MYR3.315 billion (approximately US$775 million) mixed-commercial development in Kota Kinabalu. Suria Capital has signed…
GLOBAL investment firm KKR’s Tokyo Exchange-listed Industrial & Infrastructure Fund has purchased a logistics facility in Japan’s Kansai region with a 30-year leaseback agreement for JPY9.24 billion (approximately US$66 million).…
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