Luxury Hong Kong home expected to fetch HKD$80m

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…

By Nelson Yap 2 Min Read

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Recent News

Daiwa refreshes portfolio with JPY3.3bn trades

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…

By Nelson Yap 2 Min Read

Samsung Hub office change hands as strata sales dials up

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…

By Nelson Yap 2 Min Read

Hot demand for Japan cold storage

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…

By Nelson Yap 5 Min Read

Challenging conditions remain for property developers in Singapore

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…

By Edward McDonnell 21 Min Read

Multinationals attracted to Thailand

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…

By Nelson Yap 3 Min Read

Semiconductor industry supercharge Malaysian property market

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.…

By Nelson Yap 4 Min Read

Hotel management making long term reservation

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…

By Nelson Yap 5 Min Read

Asia Property Journal Deal Watch

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…

By Nelson Yap 9 Min Read

KIP REIT goes shopping in Selangor

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…

By Nelson Yap 1 Min Read

Room for growth in living sector

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.…

By Nelson Yap 4 Min Read

Nomura snaps up Shin-Osaka hotel

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…

By Nelson Yap 2 Min Read

IHG brings luxury Kimpton hotel to Shanghai

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…

By Edward McDonnell 3 Min Read

Tokyo Land Corporation goes shopping in Shibuya

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…

By Nelson Yap 2 Min Read

Suria plans MYR3.315bn Kota Kinabalu project

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…

By Nelson Yap 2 Min Read

KKR-backed fund grabs Kansai logistics facility

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).…

By Nelson Yap 2 Min Read
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