Japan Tourism record highs
THE falling Japanese yen is proving a boon for tourism operators. In March more than 3.1 million tourists visited the island nation. Inbound tourism has now exceeded pre-pandemic conditions with…
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JMF continues buying spree
AFTER recently acquiring a hotel in Kamakura, the Japan Metropolitan Fund, continues to expand its portfolio by purchasing an office building in Nagoya for JPY9.689 billion (approximately US$64.67 million) on…
Singapore’s Tuan Sing makes big splash in Indonesia
SINGAPOREAN real estate developer Tuan Sing has expanded in Batam, the largest city in the emerging Indonesian province of Riau Islands. Tuan Sing has splashed IDR 330.64 billion for the…
Megaworld targets Cagayan de Oro
REAL estate developer Megaworld Corporation has unveiled plans to develop a township on 117 hectares of land in the highlands of Cagayan de Oro City, which is now the second…
LaSalle boost interests in Nagoya
THE LaSalle LOGIPORT REIT continues to expand its portfolio in Nagoya, Japan’s fourth largest city. The REIT has bought an additional equity interest in a major logistics facility, LOGIPORT Nagoya,…
One Bangkok secures Thailand’s largest green loan
ONE Bangkok, the ambitious mixed-use development in the heart of the city, has secured a THB50 billion green loan, marking the largest of its kind in Thailand. The funding, provided…
Singapore industrial market goes from strength to strength
DESPITE cost pressures, Singapore’s industrial rents showed modest growth as the vacancy rate of multiple-user warehouses in the city state fell to its lowest level in 28 years. According to…
Japanese developer invests further in Vietnam
JAPAN’S Hankyu Hanshin Properties and CRE Inc in partnership with Sembcorp Development, have stepped up their investment in Vietnam’s burgeoning industrial and logistics market. They have started on a new…
Japanese investor gets hot for Indonesia cold storage
IN a strategic move to further enhance its presence in Southeast Asia, Japan’s CRE Asia and Warburg Pincus, have acquired a cold storage warehouse near Jakarta, making inroads into Indonesia’s…
Radium plans mega MYR2.54bn project for KL site
REAL estate developer Radium Development has made a significant acquisition in Kuala Lumpur’s transit-oriented development (TOD) market for MYR458 million (approximately US$103 million), with plans to develop a major MYR2.54…
Busy week for multifamily and hotels in Japan
JAPAN’S real estate market experienced a flurry of activity this week, with three significant transactions totalling over US$122 million, highlighting the demand and investor confidence in multi-family and hotel sectors.…
Filinvest powers up sustainability with Philippines’ first battery plant
FILIPINO real estate developer Filinvest is spearheading sustainability in Philippines, by teaming up with Australian firm StB Capital Partners to deliver the country’s first Lithium Iron Phosphate (LFP) battery manufacturing…
RMZ and Colt DCS forge $1.7bn India data centre partnership
GLOBAL alternative asset manager RMZ and data centre operator Colt Data Centre Services have formed a $1.7 billion joint venture to capitalize on the surging demand for digital infrastructure in…
Canada pension fund doubles down on Korean data centres
THE Canada Pension Plan Investment Board (CPP Investments) is solidifying its bet on South Korea's burgeoning digital infrastructure sector with a KRW1 trillion (C$1 billion) investment to develop hyperscale data…
URA enticing developers with three sites
ENCOURAGED by developers renewed interest in sites, Singapore’s Urban Redevelopment Authority has released three prime residential sites for sale. Located at Media Circle (Parcels A and B) and Bayshore Road,…
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