Tag: REITs Real Estate Investment Trusts
Mindspace Business Parks REIT secures green financing
INDIA’S green revolution continues with commercial real estate investment trust Mindspace Business Parks REIT securing INR 6.5 billion…
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…
Hot Japan hotel market book over USD500m in transactions
INVESTORS continue pour into Japan’s hotel market. This week the world’s third most popular tourism destination reported over…
ESR drives expansion in China logistics
PAN Asia industrial player ESR is looking to raise RMB2.438 billion (approximately USD$336 million) for a new logistics…
Reprieve for Shenzhen developer owing $12bn
SHENZHEN-based property developer Kaisa Group has been granted an extension by the Hong Kong High Court to finalise…
Market gives Midea spin off a thumbs up
CHINESE developer Midea Real Estate Holdings received positive reaction from the market about its proposed plans to spin…
Paragon sells The Rail Mall for SGD$78.5m
RETAIL property investor Paragon REIT has sold Singapore’s prominent retail strip, The Rail Mall, for SGD$78.5 million. Located…
FPG acquires Roppongi property for fractional ownership trust
REAL estate fractional ownership investor Financial Partners Group (FPG) has bought a commercial real estate property in Tokyo.…
Daiwa makes JPY12bn housing portfolio rearrangement
REAL estate group Daiwa Securities Living has made adjustments to its portfolio with over JPY12 billion (approximately USD$76.2…
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…
Robinsons Land sells 11 malls for P33.9bn
REAL estate developer Robinsons Land Corporation (RLC) has sold 11 malls and two offices for PHP33.915 billion (approximately…
LVGEM sell and leaseback Shenzhen shopping mall
REAL estate developer and investment company LVGEM has taken steps to improve its financial position by selling and…