Japan

JMF increases interest in Nisshin REIT

THE Japan Metropolitan Fund has increased its stake in the Nisshin Private Residential REIT. JMF has acquired the additional interest for JPY1.186 billion. Upon completion, JMF’s holdings in NSPR will…

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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

Travellers have more Choice in Japan

NEW York Stock Exchange-listed Choice Hotels International has expanded its presence in Japan by adding 22 properties. The company’s subsidiary…

Japanese group expands in Waikiki

JAPAN’S Financial Partners Group Co has acquired a rare hotel conversation opportunity in heart of Waikiki, Honolulu, Hawaii. FPG has…

Luxury retail rents continue to recover

TSIM Sha Tsui in Hong Kong held on to the title as the world’s most expensive luxury retail destination, whilst…

Stable property values limit Asia Pacific investors debt liabilities

PROPERTY investors in Asia Pacific face a relatively small funding gap of US$8.4 billion on US$257 billion of outstanding senior…

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…

Sekisui buys in Seattle

JAPAN'S Sekisui House REIT has bought a $USD328 million residential tower in Seattle in the United States. Two special purpose companies…

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,…

Japanese owner mulls USD$750m Manila casino resort float

JAPAN’S Universal Entertainment Corp is reviving its plans to list its mega casino and resort complex, Okada Manila in the…