rental housing Archives - Mingtiandi

Schroders, Dash Living Tie Up to Buy Tokyo Residential Property

Kevin He — Tue, 07 Nov 2023 12:54:36 +0000

A joint venture between Asian serviced rental housing provider Dash Living and British investment manager Schroders has acquired the Palms Ryogoku, a 49-key multi-family residential asset in Tokyo, for an undisclosed sum as its first investment.

The acquisition marks London-based... Read More>>

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GIC Selling Aussie Trailer Park Operator Serenitas to Mirvac JV for $643M

Mingtiandi Team — Sat, 21 Oct 2023 12:07:10 +0000

Singapore’s sovereign wealth fund has agreed to sell Australian trailer park operator Serenitas for A$1 billion ($642.76 million), cashing in the low-cost housing venture as homes become increasingly unaffordable in the country’s major cities.

Mirvac Group announced this past week... Read More>>

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Global Investors Keep Faith in Japanese Apartments Despite Tighter Yields

Poonyapat Luenam — Wed, 18 Oct 2023 11:23:18 +0000

Average rents in Japan’s multi-family residential sector grew less than 1 percent between 2020 and 2022 despite rising occupancy rates and ongoing urbanisation, however, international investors continue to favour opportunities in Asia’s largest rental housing market, according to a report... Read More>>

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Singapore’s CDL Buys 25 Tokyo Apartment Buildings From BGO for $230M

Beatrice Laforga — Thu, 28 Sep 2023 13:32:05 +0000

City Developments Ltd (CDL) has acquired a portfolio of 25 Tokyo apartment buildings from North American fund manager BentallGreenOak for JPY 35 billion ($230 million), marking the largest purchase to date by the Singapore property heavyweight in Asia’s most mature... Read More>>

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Weave Living Acquires Nine Tokyo Rental Residential Properties

Michael Cole — Thu, 28 Sep 2023 12:30:02 +0000

Weave Living now has properties in three of Asia’s top real estate markets with the rental housing investor and operator announcing on Thursday that it has acquired nine apartment assets in Tokyo.

The recently completed multi-family residential buildings add 352... Read More>>

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PGIM Expands APAC Rental Housing Portfolio With China, Australia Deals

Christopher Caillavet — Mon, 18 Sep 2023 14:36:03 +0000

PGIM Real Estate has added to its Asia Pacific rental housing portfolio, with the US investment manager securing deals with local partners to acquire properties in Shanghai, Sydney and Brisbane.

In China’s commercial capital, PGIM led a joint venture to... Read More>>

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UBS AM Bets Big on Japan Multi-Family With $230M Tokyo Development Project

Christopher Caillavet — Mon, 21 Aug 2023 13:50:16 +0000

UBS Asset Management has launched a multi-family development project in east-central Tokyo that is expected to be worth $230 million upon completion, as Japan’s red-hot rental residential market continues to soak up foreign capital.

The project in Koto ward’s Kiba... Read More>>

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Weave Living Launches Tenth Location in Hong Kong’s Sai Ying Pun

Kaycee Valmonte — Thu, 03 Aug 2023 09:45:45 +0000

Warburg Pincus-backed Weave Living has launched the latest location for its Weave Studios line in western Hong Kong island’s Sai Ying Pun area, marking its tenth location across Asia Pacific as the rental housing investor and operator continues to expand... Read More>>

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M&G Real Estate Points to APAC Beds and Sheds as Interest Rates Stay High

Beatrice Laforga — Thu, 03 Aug 2023 08:04:05 +0000

As investors continue to grapple with inflation, M&G Real Estate is redoubling its commitment to logistics and rental residential opportunities in Asia Pacific to generate strong and stable returns, its regional research head told Mingtiandi.

Asia Pacific real estate remains... Read More>>

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Singapore Posts World’s Second Fastest Growth in Luxury Residential Rents

Beatrice Laforga — Tue, 25 Jul 2023 14:00:31 +0000

Singapore’s luxury housing market continued to record some of the world’s steepest increases in rental rates during the first half of this year, as wealthy foreigners flow into the Southeast Asia financial haven, according to a recent report by Savills.