A Macquarie-backed data centre operator may be headed to a $6.4 billion IPO, with that story leading our roundup of real estate headlines today. Also in the news, Hong Kong’s relaxed mortgage policies are expected to have little effect on… Read More>>
CDL Buys Osaka Hotel for $58M, Adding to String of Hospitality Acquisitions
City Developments Ltd has acquired a 256-room Osaka hotel for JPY 8.5 billion ($58 million), chalking up the Singapore property giant’s third hospitality acquisition this year.
CDL paid roughly $230,000 per key for the Bespoke Hotel Shinsaibashi, a freehold property… Read More>>
Singapore-Listed Thakral Sells Osaka Hotel Stake, Eyes More Japan Divestments
Thakral Corp has sold its 50 percent stake in a 120-key business hotel in Osaka for an undisclosed sum as the Singapore-listed investment firm continues to scale back its exposure to Japanese real estate.
The firm, whose businesses span real… Read More>>
Mapletree Industrial Trust Enters Japan With $370M Osaka Data Centre Buy
Singapore’s Mapletree Industrial Trust plans to acquire a 10-megawatt data centre in downtown Osaka for JPY 52 billion ($370 million), marking the Temasek-backed REIT’s first investment in Japan.
SGX-listed MIT will acquire an effective interest of 98.47 percent in the… Read More>>
Frasers Hospitality Teams With Tishman, Alyssa to Buy $126M in China, Japan Apartments
Frasers Hospitality is tying up with Tishman Speyer and Tokyo-based Alyssa Partners to enter Asia’s rental residential sector through separate joint ventures in China and Japan involving S$170 million ($126.4 million) in build-to-rent homes.
The pair of deals will give… Read More>>
Mitsubishi-Digital Realty JV Opens 21MW Data Centre in Osaka
A data centre joint venture between Mitsubishi Corporation and Digital Realty has opened a fourth building at its Osaka campus, with the latest phase offering up to 21 megawatts of IT capacity.
The addition of the new facility, dubbed KIX13,… Read More>>
GLP Buys Multi-Level Osaka Warehouse Through Japan Income Fund
Asia’s biggest logistics developer GLP has acquired a recently built multi-level warehouse east of Osaka, adding to the company’s $125 billion global portfolio as shed vacancy remains below 2 percent in the Japanese city.
The Singapore-based company purchased the roughly… Read More>>
BentallGreenOak Buying Landmark Osaka Hotel for Reported $385M
North American fund manager BentallGreenOak is acquiring a landmark hotel in Osaka, Japan, for an undisclosed price believed to be at least JPY 50 billion ($385 million), as a rebound in cross-border travel strengthens interest in the country’s hospitality sector.
ESR, Stack Team Up Again for 72MW Osaka Data Centre Campus
Just three months after announcing an initial joint venture in Korea, ESR Group has teamed up with US-based operator Stack Infrastructure once again to develop a 72-megawatt Japan data centre campus targeting hyperscale customers.
ESR and Stack will jointly build… Read More>>
Germany’s Patrizia Launches $1B Japanese Multi-Family Fund, Expands In Singapore
German asset manager Patrizia has launched a €1 billion ($1.03 billion) Japan-focused fund to acquire core and value-add multi-family assets across the country’s top cities, according to the company’s top executive for the region.
In an interview with Mingtiandi on… Read More>>