Japan
Daiwa to tear down and rebuild aging apartment
JAPAN’S Daiwa House REIT has made the call to demolish a defective aging apartment building in Tokyo and rebuild a new complex. The REIT will demolish Castalia Kamiikedai, a four-storey…
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LVGEM sell and leaseback Shenzhen shopping mall
REAL estate developer and investment company LVGEM has taken steps to improve its financial position…
Japanese group expands in Waikiki
JAPAN’S Financial Partners Group Co has acquired a rare hotel conversation opportunity in heart of…
China Overseas property sales fall by 33pc
HONG Kong-based real estate developer China Overseas has reported weaker property sales across its businesses…
Asia Property Journal Deal Watch
ASIA Property Journal’s weekly comprehensive wrap of property sales and leasing transactions across Asia. …
Lasted Japan
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…
Tokyo luxury property rents rise, Singapore decline
DESPITE healthy economic growth and its status as Asia’s financial capital, Singapore’s luxury residential property rents have slumped whilst Japan’s…
TPG Angelo raises $USD8 billion on back of Westin Yokohama buy
NEW YORK based investment group TPG Angelo Gordon has bought majority shareholding in Westin Yokohama for around 11.5 billion yen…
Sega Sammy sells resort to US investment firm
LISTED Tokyo video game manufacturer Sega Sammy Holdings is set to sell a prime resort investment in Miyazaki, Japan. U.S. investment…
Japan Tourism record highs
THE falling Japanese yen is proving a boon for tourism operators. In March more than 3.1 million tourists visited the…
Asia Pacific investors take cautious approach
DELAYS to interest rate cuts and a limited risk appetite have put the recovery in investment activity across the Asia…
Japan government yen intervention
THE Bank of Japan has suggested its government may intervene in the currency market. The yen’s recent movements against the US dollar…