Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals.
The REIT,… Read More>>
Asia real estate and outbound investment news
Ichigo Office REIT has announced the sale of two ageing buildings to undisclosed buyers for a total of JPY 4.5 billion ($29 million), with the Tokyo-listed trust set to reap JPY 1.3 billion in gains from the disposals.
The REIT,… Read More>>
North Asian markets have emerged as APAC’s strongest so far in 2024 with rents in the Seoul area having risen 1.1 percent in the first quarter of this year, despite an uptick in warehouse supply, according to JLL.
Meanwhile, Japan… Read More>>
Hines has acquired a fully leased warehouse in Greater Osaka for an undisclosed price, with the announcement coming less than two weeks after the US developer and fund manager revealed its purchase of an office building in central Tokyo.
Hines… Read More>>
A joint venture led by Japan’s largest developer, Mitsui Fudosan, has won approval to develop a central Tokyo mega-project anchored by a 57,000-seat stadium, with the project on the former site of the Tsukiji market expected to cost around JPY… Read More>>
Alyssa Partners and Gaw Capital Partners have acquired a portfolio of 29 Tokyo apartment buildings from a major Japanese conglomerate, according to an announcement on Friday, with the purchase of 835 homes representing the country’s largest trade of rental residential… Read More>>
Hines has acquired an office building near central Tokyo’s bustling Shinjuku commercial hub as the US developer continues to expand in Japan.
“Proud to announce our Hines Japan team has acquired the newly-built, 14-story Zenith Minami Shinjuku office building in… Read More>>
The Land of the Rising Sun continues to climb in the estimation of overseas fund managers, with Fiera Capital becoming the latest to extend its reach with the appointment of CJ Morrell as head of Japan.
Morrell’s newly created role… Read More>>
As office rents in central Tokyo continue to climb, Germany’s Union Investment has sold a pair of commercial towers in the city’s central Shibuya ward after holding the assets for over nine years.
The Frankfurt-based fund manager in February announced… Read More>>
Just one week after announcing a $587 million capital raise to fund its expansion beyond mainland China, Shanghai-based data centre developer and operator GDS has struck a partnership with Gaw Capital to build a 40-megawatt (MW) data centre campus in… Read More>>
PIMCO Prime Real Estate has become the latest fund manager to add to its Japan team with the hiring of Hiroyuki Mochizuki as country head.
Mochizuki brings more than 20 years of professional experience in the real estate industry in… Read More>>