Japan

Asia Pacific prime rents continue free fall

PRIME office rents in the Asia Pacific region fell again for the seventh consecutive quarter, led by Jakarta. However, Manila, Ho Chi Minh City, Brisbane and Auckland bucked the trend.…

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GLP expands China logistics and data centres business

GLOBAL alternative asset manager, GLP Capital Partners continues to show strong confidence in China’s logistics…

GIC withdraws US$1bn Seoul sale amidst political uncertainty

SINGAPORE’S sovereign wealth fund GIC and CBRE Group have pulled the plug on their proposed…

Empyrion Digital makes foray into AI-ready centre in Taiwan

DIGITAL infrastructure player Empyrion Digital has joined forces with Giga Computing, a subsidiary of GIGABYTE,…

Singaporean sells Shanghai commercial office

SINGAPORE diversified real estate investment trust OUE REIT has sold its interest in a commercial…

Lasted Japan

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 Unified Industrial…

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 of its…

Heiwa signs Hyatt in Sapporo

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

Asia Property Journal Deal Watch

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

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 in four…

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 portfolio in…

Asia Property Journal Deal Watch

ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia.   Industrial Phra Nakhon Si Ayutthaya…

GLP sells Japan logistics for 55pc above book value

INDUSTRIAL and logistics player GLP J-REIT has capitalised on the strength of market by selling a portfolio of assets in…