Japan
JPR divests underperforming offices for significant premium
JAPAN Prime Realty (JPR) has sold two properties that have low profitability for a combined JPY20.35 billion (approximately US$135 million). The trust has sold the JPR Sendagaya and JPR Nagoya…
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Keppel connects to Taiwan data centre
SINGAPOREAN global asset Keppel has made a strategic move to ride on the tailwinds of…
ESR taps into credit appetite for South Korea
ASIA Pacific real asset manager ESR has successfully raised US$325 million for its inaugural real…
Yuexiu Property lobs US$350m winning bid for Beijing site
THE Guangzhou Government-backed property developer Yuexiu Property has purchased a significant land in one of…
Daito expands with takeover of Housecom
IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction…
Lasted Japan
Asia Pacific commercial sees 13% jump
JLL report that the Asia Pacific was the only region globally to see growth in commercial real estate investment in…
Old Tokyo fish market set for $USD5.8 billion redevelopment
THE Tokyo Metropolitan Government has announced a 900 billion yen (USD$5.8 Billion) redevelopment plan for the old Tsukiji Fish Market site…
German fund sells Tokyo office investments for $USD295m
THE real estate arm of East Japan Railway has bought the Shibuya Prime Plaza office building for in excess of…
Japan’s small hotel rooms a mismatch
A MERE 4% of the hotels in Japan’s major cities have rooms that can accommodate three or more guests. Research…
Asia Pacific appetite for flexible workspace continues to grow
DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…
Japan’s listed Loadstar Capital dabbles in luxury hotels
EXCLUSIVE: LISTED Japan based property company LoadStar Capital has purchased six hotels & resorts from development group NTT Urban Development Corporation.…
Digital Core expands stake in Osaka data centre
SINGAPORE Exchange-listed Digital Core REIT has bought an additional 10.0% interest in a half a billion dollars Osaka data centre,…
Sekisui House sell-off reaps USD$835 million
EXCLUSIVE: GARDEN City Shinagawa Gotenyama has been sold off for 61 billion yen (USD$403 million) at a discount price --…