Tag: REITs Real Estate Investment Trusts

India regulator orders boss of largest REIT to step down

INDIA’S property market has been shocked by the market regulator ordering Aravind Maiya, the chief executive officer of…

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…

KDX divest two older offices

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

Nexus Select bags Bengaluru shopping mall

INDIA’S first listed REIT, the Nexus Select Trust, has diversified its portfolio with the acquisition of a shopping…

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…

LaSalle plays monopoly in Tokyo

THE LaSalle Logiport REIT (LLR) has sold and bought warehouses in Tokyo for JPY13 billion (approximately US$86.313 million)…

Sekisui almost double capital gain despite office uncertainty

DESPITE the ongoing impact of remote work on Tokyo’s office market, Sekisui House REIT has sold a major…

MREIT expand Philippines office portfolio

FILIPINO property trust MREIT has gone on a major acquisition spree, buying six offices in the Philippines for…

Marimo REIT expands portfolio with six acquisitions

THE MARIMO Regional Revitalization REIT continues to diversify its portfolio with the acquisition of six properties including a…

Rising interest rates put downward pressure on J-REITs

JAPAN real estate investment trusts (J-REITs) have underperformed in the Q3, due to the rise in Japanese long-term…