Japan
Sekisui almost double capital gain despite office uncertainty
DESPITE the ongoing impact of remote work on Tokyo’s office market, Sekisui House REIT has sold a major Tokyo investment for JPY54.6 billion (approximately US$364 million), which is almost double…
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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…