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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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 --…
CapitaLand capitalising on growing accommodation demand in APAC
SINGAPORE-headquartered global real estate manager CapitaLand has launched a second lodging fund, with a target equity size of US$600 million…