Japan

Jinushi REIT bulks up portfolio with JPY36bn buy

JAPAN’S specialist Jinushi REIT has gone on a JPY36 billion (approximately US$238.35 million) acquisition spree to bulk up its portfolio. The REIT will purchase 23 properties from its sponsor, specialist…

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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…