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 acquired an office, the Nihombashi Playa Building in Tokyo for…

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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

Ichigo Hotel upgrades outlook following Hiroshima property sale

THE Ichigo Hotel REIT has disposed of its Valie Hotel Hiroshima property for JPY1.785 billion and at the same time,…

Hong Kong investor makes booking in Tokyo

HONG Kong-based AB Capital continues to expand in Japan with the acquisition of its eighth property in Tokyo. AB has…

Luxury Tokyo resort change hands for over US$692m

JAPAN’S strong tourism industry continues to encourage investment in hotels with a large upscale resort on the artificial island of…

KDX divest two older offices

KDX Realty has sold two aging office buildings in Tokyo and Osaka for over JPY3.6 billion. The trust has sold…

Daito expands with takeover of Housecom

IN a strategic move aimed at consolidating its market presence, Tokyo-headquartered builder Daito Trust Construction will acquire real estate brokerage…

Prime office rents stabilising

PRIME office rents across Asia Pacific are starting to stabilise but markets continue to diverge with India shouldering the region’s…

Activia room with others in Kyoto hotel buy

URBAN REIT Activia Properties continues to diversify its portfolio outside of Tokyo, by co-investing in JPY23.9 billion (approximately US$158 million)…

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).…