Japan
HKL divests Tokyo capsule hotel
HONG Kong property developer and investment group Hon Kwok Land has sold a capsule hotel in Japan’s capital of Tokyo for approximately JPY1,872.5 million (approximately HK$93.6 million). The property was…
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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
Nippon REIT double sale fetches JPY 3.8bn
THE Nippon REIT has sold two assets in Tokyo and Osaka for a combined JPY 3.885 billion. Keio Corporation has…
Hot Japan hotel market book over USD500m in transactions
INVESTORS continue pour into Japan’s hotel market. This week the world’s third most popular tourism destination reported over JPY87 billion…
Global investor and Kenedix move in together for “Kolet”
REAL estate asset manager Kenedix has established a new fund with an undisclosed global institutional investor targeting Japan’s single-family rental…
Innovative solutions floated to meet data centre hunger
DEVELOPERS are thinking outside the square to meet the insatiable appetite for data centres by dipping their toes in aquatic-based…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. Industrial Johor Bahru, Malaysia 5E…
Kumamoto government looking to become semiconductor hub
THE race is on across Asia to attract the lucrative semiconductor manufacturing sector, with the Kumamoto Prefectural Government unveiling its…
FPG acquires Roppongi property for fractional ownership trust
REAL estate fractional ownership investor Financial Partners Group (FPG) has bought a commercial real estate property in Tokyo. The property…
Daiwa makes JPY12bn housing portfolio rearrangement
REAL estate group Daiwa Securities Living has made adjustments to its portfolio with over JPY12 billion (approximately USD$76.2 million) worth…