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Frasers Centrepoint Trust Completes Divestment Of Changi City Point For S$338 Million

Nov 5, 2023 - Frasers Centrepoint Trust has completed the divestment of Changi City Point for S$338 million. The manager said it intends to use the net proceeds from the ...

ESR-Logos REIT Completes Divestments In Singapore For S$60 Million

Nov 5, 2023 - ESR- LOGOS REIT has completed the divestments of 70 Seletar Aerospace View for a sale consideration of approximately S$7.1 million, representing a 4.8% premium to valuation, ...

CapitaLand China Trust Issues CNY Bonds Within China Pilot Free Trade Zone

October 13 – CapitaLand China Trust (CLCT) has priced its inaugural CNY600 million (S$112 million) free trade zone offshore CNY bonds due 2026, its manager said. This transaction marks CLCT’s ...

GPT Group Downgraded To ‘A-‘ On Limited Prospects For Asset Recycling; Outlook Stable: S&P

November 2, 2023 - Rating agency S&P has downgraded GPT Group to "A-" due to debt-funded acquisitions and rising interest rates. "The credit measures of GPT Group have been below ...

Dexus Sells 1 Margaret Street In Sydney For A$293.1 Million

Dexus announces that it has exchanged contracts to sell 1 Margaret Street, Sydney, an A-grade office building located in the western corridor of the Sydney CBD with a WALE of ...

Vicinity Centres’ Peter Huddle Appointed As Chief Executive Officer And Managing Director 

Vicinity Centres' Peter Huddle Appointed As Chief Executive Officer And Managing Director Jan 31, 2023 - Vicinity Centres announced the appointment of Mr Peter Huddle as Chief Executive Officer and ...

Japan Hotel REIT Buys Three Assets For US$127 Million

Sept 11, 2023 - Japan Hotel REIT acquired La’gent Stay Sapporo Odori, Oriental Hotel Kyoto Rokujo and Hotel Oriental Express Fukuoka Nakasukawabata for US$127 million ...

Asia Pac REITs Underperformed Equities In May, Led By Hong Kong’s 10.5% Fall, Japan Outperforms

(By Patrick Ma, Director, Listed Products and Research, Admiral Investments) June 2, 2023 - Global REITs, including Asia Pacific REITs, underperformed equity markets after tech and AI-related stocks climbed. Japan ...

Japan’s Q3 Real Estate Transaction Volume Down 3%, Falling For The Third Consecutive Quarter

Japan’s Q3 Real Estate Transaction Volume Down 3%, Falling For The Third Consecutive Quarter Gaw Capital, Qatar Investment Authority and Blackstone acquired residential assets. Activities by REIT were subdued in ...

Weak Revenue Dampens Asset Growth For Retail and Hotel J-REITs

Weak Revenue Dampens Asset Growth For Retail and Hotel J-REITs The office property sector was also seen struggling, while construction for residential was strong September 14, 2022 - The lingering ...

J-REITs’ Q2 Property Acquisitions At Lowest Since 2011

J-REITs’ Q2 Property Acquisitions At Lowest Since 2011  The weak REIT market pulled down overall Japan’s property transactions volume as investors restructure their portfolios in light of rising global interest ...

Analysts’ Views Mixed On The Future Of Japan’s Office Rental Market

Analysts’ Views Mixed On The Future Of Japan’s Office Rental Market Experts’ take on the proliferation of remote working set-ups is a significant factor behind the varying views.  July 22, ...

Japan REITs Clouded By Uncertainty Over Post-Kuroda BOJ (NIkkei Asia)

Japan REITs Clouded By Uncertainty Over Post-Kuroda BOJ (NIkkei Asia) July 5, 2022 - Foreign investors are starting to shun Japanese real estate investment trusts, bracing for a change in ...

United Urban Investment Corporation To Acquire Retail Property

United Urban Investment Corporation To Acquire Retail Property June 28, 2022 - United Urban Investment Corporation announced that Japan REIT Advisors Co., Ltd. (JRA), the asset management company to which United Urban ...
Japan real estate

Q1 Property Transaction Value In Japan Lowest Since 2013

Q1 Property Transaction Value In Japan Lowest Since 2013 REITs were active in divesting and acquiring new properties as the number of transactions rose by 17%. May 17, 2022 - ...

Major Companies In Japan Relocate To Smaller Spaces As Staff Return To Work

Major Companies In Japan Relocate To Smaller Spaces As Staff Return To Work This post-Covid-19 trend saw higher vacancy rates for larger offices. But demand for logistics space continues to ...

Office Transactions Led Tokyo’s Real Estate Asset Sales In 2021

Office Transactions Led Tokyo’s Real Estate Asset Sales In 2021 Logistics and retail asset transactions were also up during the year February 15, 2022 - Office building transactions drove the ...

Gaw Capital Partners Completes US$3 billion Privatization Of Office J-REIT

Gaw Capital Partners Completes US$3 Billion Privatization Of Office J-REIT January 24, 2022 - Real estate private equity firm Gaw Capital Partners announced that the firm, through a fund under its ...

J-REIT Green Bond Issuance Expected To Hit Record Volume In 2021

J-REIT Green Bond Issuance Expected To Hit Record Volume In 2021 Logistics facilities were the most active issuers. December 15, 2021 - The annual amount of green bonds issued by ...

Kenedix Office Investment Corporation Partially Sells Tokyo Land Property

Kenedix Office Investment Corporation Partially Sells Tokyo Land Property December 2, 2021 - Kenedix Office Investment Corporation announced that it has decided to partially sell a part of the land ...

Property Sales Transactions In Japan Rose To Pre-Pandemic Levels In Q3

Property Sales Transactions In Japan Rose To Pre-Pandemic Levels In Q3 Overall investor appetite for real estate has been recovering but some sectors are still lagging November 25, 2021 - ...

Daiwa House To Debut Logistics Business In Southeast Asia (Nikkei Asia)

Daiwa House To Debut Logistics Business In Southeast Asia (Nikkei Asia) November 24, 2021 - Japanese developer Daiwa House Industry will launch an international logistics business in Southeast Asia, catering ...

Data Centres Take Over Tokyo

Data Centres Take Over Tokyo Tokyo welcomes a wave of “new economy” assets as the number large-scale data centres in the area rises rapidly in recent months October 25, 2021 ...

Japan Metropolitan Fund Investment Corporation Acquires Trust Beneficiary Right In Chiba Property

Japan Metropolitan Fund Investment Corporation Acquires Trust Beneficiary Right In Chiba Property October 13, 2021 - Japan Metropolitan Fund Investment Corporation announced that its asset manager determined to acquire the ...

Daiwa Office Investment Corporation Acquires Trust Beneficiary Interest In Kandabashi PR-EX

Daiwa Office Investment Corporation Acquires Trust Beneficiary Interest In Kandabashi PR-EX September 30, 2021 - Daiwa Office Investment Corporation announced that it has determiend to acquire trust beneficiary interest in Kandabashi PR-EX ...

Japan Metropolitan Fund Investment Corporation Acquires Investment Limited Partnership Interests

Japan Metropolitan Fund Investment Corporation Acquires First-Ever Investment In Mezzanine Loan Obligations September 28, 2021 - Japan Metropolitan Fund Investment Corporation announced that its asset manager decided to acquire an ...

Office And Retail Sectors Show Recovery In Japan

Office And Retail Sectors Show Recovery In Japan Office property acquisition activity continues to pick up while retail rental prices are rising on the back of recovering retail appetite. September ...

J-REITs on a Path of Divergent Recovery

J-REITs on a Path of Divergent Recovery Only 30 out of the 58 comparable REITs posted growth in unit prices; the other 28 remained down.  August 10, 2021 - Japan’s ...

Japan’s Property Market Conditions Seen Recovering in Second Half of 2021

Japan’s Property Market Conditions Seen Recovering in Second Half of 2021 Office building constructions still on the rise June 23, 2021 - The real estate market in Japan is forecasted ...

Mapletree North Asia Commercial Trust To Acquire A Freehold Office Building in Greater Tokyo, Japan

Mapletree North Asia Commercial Trust To Acquire A Freehold Office Building in Greater Tokyo, Japan May 31, 2021 - Mapletree North Asia Commercial Trust announced that it has entered a ...

Activia Properties Inc. Acquires Tamachi East Building

Activia Properties Inc. Acquires Tamachi East Building May 24, 2021 - Activia Properties Inc. announced that it has decided to acquire Tamachi East Building for an acquisition price of 6.8 billion ...
Japan real estate

Tokyo’s Construction and Development is Back to Pre-pandemic Levels

Tokyo's Construction and Development is Back to Pre-pandemic Levels March 15, 2021 - Development plans for Tokyo’s property sector are now back to pre-pandemic levels, a recent Nikkei Real Estate ...

Kenedix Real Estate Fund Management, Inc Sells KDX Hon-Atsugi Building

Kenedix Real Estate Fund Management, Inc Sells KDX Hon-Atsugi Building March 1, 2021 - Kenedix Real Estate Fund Management, Inc. announced that it has decided to sell KDX Hon-Atsugi Building ...

Invincible Investment Corporation Assures of Property Integrity Amid Big Japan Earthquake

Invincible Investment Corporation Assures of Property Integrity Amid Big Japan Earthquake February 15, 2021 - Invincible Investment Corporation issed a notice on Monday, concerning the Fukushima earthquare that struck Japan ...
Japan real estate

United Urban Investment Corporation DPU Down 10% In End-November 2020

United Urban Investment Corporation DPU Down 10% In End-November 2020 January 18, 2021 - United Urban Investment Corporation announced a 10% decline in its DPU from end-May 2020 to end-November ...

Japan-listed Logistics Asset Value Expanded by 15.3% in 2020

Japan-listed Logistics Asset Value Expanded by 15.3% in 2020 In the first ten months of 2020, J-REIT’s total AUM increased by approximately 1 trillion (US$9.4 billion), according to ARES. January ...

Parkway Life REIT Acquires Japan Nursing Home

Parkway Life REIT Acquires Japan Nursing Home December 11, 2020 - Parkway Life Real Estate Investment Trust, one of Asia’s largest listed healthcare REITs, announced the acquisition of a nursing ...

United Urban Investments Corporation To Acquire Two Tokyo Properties

United Urban Investments Corporation To Acquire Two Tokyo Properties November 6, 2020 - United Urban Investment Corporation announced that it had acquired the following properties: The assets have direct access ...

Sharp Declines In Demand Force Retailers To Rethink Opening Strategies

Sharp Declines In Demand Force Retailers To Rethink Opening Strategies October 14, 2020 - Retailers in Japan are being forced to think of new strategies to cope with the reopening ...

Development Plans Continue In Japan’s Real Estate Market

Development Plans Continue In Japan's Real Estate Market September 15, 2020 - While Japan's hotel and retail sectors continue to suffer under movement restrictions caused by COVID-19, plans for mixed ...

IFF Completes One Out Of Three Scheduled Acquisitions

IFF Completes One Out Of Three Scheduled Acquisitions August 13, 2020 -- Industrial & Infrastructure Fund Investment Corporation (IIF) announced that IIF completed the acquisition of one of the three ...

J-REITs’ Secondary Offerings: Room for Improvement (Magazine)

J-REITs’ Secondary Offerings: Room for Improvement By Christian Bernasconi, Managing Director, B&I Capital In January 2019, we wrote an article titled “J-REITs Secondary Offerings Unfairly impact Issuers and Investors.” In ...

Industrial & Infrastructure Fund Investment Corporation Completes Acquisition Series

Industrial & Infrastructure Fund Investment Corporation Completes Acquisition Series July 16, 2020 -- Industrial & Infrastructure Fund Investment Corporation (IIF) announced that it has completed the acquisition of one of ...

Kenedix Office Investment Acquires Shinbashi M-Square Bright Property

Kenedix Office Investment Acquires Shinbashi M-Square Bright Property June 29, 2020 -- Kenedix Office Investment Corporation announced that it has decided to acquire Shinbashi M-SQUARE Bright for 16.3 billion yen ...

Invincible Investment Partially Unwinds Put/Call Option On Cayman Hotels Cash Flow

Invincible Investment Partially Unwinds Put/Call Option On Cayman Hotels Cash Flow June 11, 2019 -- Invincible Investment Corporation announced that it implemented the unwinding of the following put/call options that ...

ORIX JREIT Announces New Debt Financing

ORIX JREIT Announces New Debt Financing June 5, 2020- ORIX JREIT announced that the asset management company, ORIX Asset Management Corporation, determined new debt financing of 3,000,000,000 yen in total, ...
Japan real estate

Industrial & Infrastructure Fund Investment Corporation Completes Acquisition Of Atsugi Manufacturing Center

Industrial & Infrastructure Fund Investment Corporation Completes Acquisition Of Atsugi Manufacturing Center June 2, 2020 -- Industrial & Infrastructure Fund Investment Corporation (IIF) announced that IIF completed the acquisition of ...

Fukuoka REIT Corporation Completes Acquisition Of Higashi Hie Business Center III

Fukuoka REIT Corporation Completes Acquisition Of Higashi Hie Business Center III June 1, 2020 -- Fukuoka REIT Corporation announced that it has completed the acquisition of the following property. Overview ...

Fukuoka REIT Asset Manager Appoints New Director

Fukuoka REIT Asset Manager Appoints New Director May 29, 2020 -- Fukuoka REIT Corporation (FRC) announced the details of the retirement of a director at Fukuoka Realty Co., Ltd. (FR), ...

Ichigo Office Announced Fixed Interest Rate For New Loan

Ichigo Office Announced Fixed Interest Rate For New Loan May 28, 2020 -- Ichigo Office announced that it has fixed the interest rates for the first payment date of the ...

Tokyu Land Corporation Acquires Additional Activia Properties Inc. Investment Units

Tokyu Land Corporation Acquires Additional Activia Properties Inc. Investment Units May 27, 2020 -- Activia Properties Inc. (“API”) announced that it has received from Tokyu Land Corporation [the sponsor (the ...
Japan real estate

Invincible Investment Corporation Expects Lower Revenue Per Available Room Despite Japan’s Easing Restrictions

Invincible Investment Corporation Expects Lower Revenue Per Available Room Despite Japan's Easing Restrictions May 26, 2020 -- Invincible Investment Corporation reported that its domestic hotel portfolio performance for the month ...

Ichigo Office REIT Announces Decision To Borrow 5 Billion Yen For Loan Repayment

Ichigo Office REIT Announces Decision To Borrow 5 Billion Yen For Loan Repayment May 26, 2020 -- Ichigo Office announced that it has decided to borrow funds via new loans ...

Daiwa House REIT Investment Corporation Issues Green Bonds

Daiwa House REIT Investment Corporation Issues Green Bonds May 22, 2020 -- Daiwa House REIT Investment Corporation announced that it has decided to issue investment corporation bonds (Green Bonds) based ...

Fukuoka REIT Resumes Operations In 4 Properties

Fukuoka REIT Resumes Operations In 4 Properties May 19, 2020 -- Earlier, Fukuoka REIT Corporation announced that it would temporarily suspend operations at some of the retail properties it owns, ...
Japan real estate

ORIX JREIT Announces New Debt Financing

ORIX JREIT Announces New Debt Financing May 13, 2020 -- ORIX JREIT Inc. (OJR) announced that its asset management company, ORIX Asset Management Corporation, determined the prepayment of short-term loan ...

Frontier Real Estate Investment Corporation Makes Progress With BuyBack Program

Frontier Real Estate Investment Corporation Makes Progress With BuyBack Program May 4, 2020 -- Frontier Real Estate Investment Corporation said it has already completed 70% of its BuyBack Program as ...

Japan Prime Realty Investment Corporation Announces Resignation Of Company Director

Japan Prime Realty Investment Corporation Announces Resignation Of Company Director April 29, 2020 -- Japan Prime Realty Investment Corporation (JPR) announced that Tokyo Realty Investment Management, Inc. (TRIM), the asset ...

Daiwa Office Investment Corporation Announces Change Of Asset Manager’s Auditor

Daiwa Office Investment Corporation Announces Change Of Asset Manager's Auditor April 22, 2020 -- Daiwa Real Estate Asset Management Co., Ltd., to which Daiwa Office Investment Corporation entrusts the management ...

United Urban Investment Corporation Acquires Kobe Toyahama Logistics Center

United Urban Investment Corporation Acquires Kobe Toyahama Logistics Center April 17, 2020 -- United Urban Investment Corporation (United Urban) announced that Japan REIT Advisors Co., Ltd. (JRA) -- the asset ...

Fukuoka REIT Corporation Announces Temporary Closure Of Retail Properties To Prevent Spread Of COVID-19

Fukuoka REIT Corporation Announces Temporary Closure Of Retail Properties To Prevent Spread Of COVID-19 April 13, 2020- We express our deepest condolences to those who have passed away because of ...
Japan real estate

Relocation and reconstruction trends in Tokyo seen rising in 2020

Relocation And Reconstruction Trends In Tokyo Seen Rising In 2020 March 19, 2020 -- Large-scale relocations and reconstructions—particularly in Tokyo’s office and residential real estate sectors—are seen to be on ...

Galaxy JREIT Urges Sakura Sogo Unitholders To Vote Against Star Asia Merger in March 30 Meeting (Update)

Galaxy JREIT Urges Sakura Sogo Unitholders To Vote Against Star Asia Merger in March 30 Meeting (Update) Governance and valuation issues are main concerns. By Bianca Cuaresma March 9, 2020 ...

Frontier REIT Acquires New Buildings In Papillon Plaza

Frontier REIT Acquires New Buildings In Papillon Plaza March 10, 2020 -- Frontier REIT announced their decision to acquire the new buildings of Papillon Plaza. This decision follows the Investment ...

Nippon Healthcare Investment Corporation Borrows 900 Million Yen (US$8 Million)

Nippon Healthcare Investment Corporation Borrows 900 Million Yen (US$8 Million) February 24, 2020 -- Nippon Healthcare Investment Corporation announced that it has drawn a loan amounting to 900 million yen.  ...

Daiwa House REIT Investment Corporation Determines Price Of New And Secondary Investment Units Offering

Daiwa House REIT Investment Corporation Determines Price Of New And Secondary Investment Units Offering February 20, 2020 -- Daiwa House REIT Investment Corporation (DHR) hereby announced that it has determined ...

‘Strong Operational Changes’ Will Be Implemented Between Sakura Sogo REIT and Star Asia Investment Management

February 19, 2020 -- Star Asia Investment Management Co., Ltd., the asset manager for Star Asia Investment Corporation (SAR), resolved to enter into an Asset Management Entrustment Agreement with Sakura ...

Frontier REIT Acquires Two Japan Properties

Frontier REIT Acquires Two Japan Properties February 17, 2020 -- Frontier Real Estate Investment Corporation announced the decision of Mitsui Fudosan Frontier REIT Management Inc., the Investment Corporation’s asset management ...

Logistics And Healthcare Transactions Reached New Highs In Japan In 2019

Logistics And Healthcare Transactions Reach New Highs In Japan In 2019 February 14, 2020 -- The transaction volumes for logistics facilities in Japan hit 891.9 billion yen (US$8 billion) in ...

Frontier Real Estate Investment Corporation Increases Commitment Line’s Maximum Amount

Frontier Real Estate Investment Corporation Increases Commitment Line’s Maximum Amount February 11, 2020 -- Frontier Real Estate Investment Corporation announced that it has changed the maximum loan amount for the ...
Japan real estate

Kenedix Office Investment Corporation Completed The Acquisition Of KDX Kanda Ekimae Building

Kenedix Office Investment Corporation Completed The Acquisition Of KDX Kanda Ekimae Building February 10, 2020 -- Kenedix Office Investment Corporation has announced today, that Kenedix Real Estate Fund Management, Inc., ...

Star Asia Investment Corporation Appoints New Director Ahead Of Sakura Sogo Asset Turnover

Star Asia Investment Corporation Appoints New Director Ahead Of Sakura Sogo Asset Turnover February 4, 2020 -- Star Asia Investment Management Co., Ltd., the asset manager for Star Asia Investment ...

Ichigo Hotel REIT Buys Hotel Emit Shibuya For 3.7 B Yen (US$34.12 M)

Ichigo Hotel REIT Buys Hotel Emit Shibuya For 3.7 B Yen (US$34.12 M) February 3, 2020- Ichigo Hotel continues to execute on its strategy to grow earnings and dividends for ...

Ichigo Hotel Sells Nest Hotel Naha

Ichigo Hotel Sells Nest Hotel Naha 31 January 2020 -- Ichigo Hotel decided today to sell Nest Hotel Naha for JPY 5.3 billion. The sale is being executed at 1.4x ...

Ichigo Office REIT Investment Corporation Acquires Ichigo Nakameguro Building

Ichigo Office REIT Investment Corporation Acquires Ichigo Nakameguro Building Ichigo Office decided today to acquire an office asset, the Ichigo Nakameguro Building. The Ichigo Nakameguro Building is located in Nakameguro, ...

Kenedix Office Investment Corporation Acquires Tosabori Prime Office Building

Kenedix Office Investment Corporation Acquires Tosabori Prime Office Building 30 January 2020 -- Kenedix Office Investment Corporation has announced today that Kenedix Real Estate Fund Management, Inc., the asset management ...

Mapletree Logistics Set To Acquire Mapletree Kobe Logistics Centre In Japan

Mapletree Logistics Set To Acquire Mapletree Kobe Logistics Centre In Japan 28 January 2020 -- Mapletree Logistics Trust Management Ltd., announced that Sazanka Tokutei Mokuteki Kaisha has entered into a ...

Japan Retail Fund Investment Corporation Appoints New Director Effective January 24, 2020

Japan Retail Fund Investment Corporation Appoints New Director Effective January 24, 2020 27 January 2020- Japan Retail Fund Investment Corporation(“JRF”) hereby announces the resolution of Mitsubishi Corp.- UBS Realty Inc., ...

Invincible Investment Corporation Reports 7.6% Year-on-Year Decrease in Net Operating Income For The December 2019 Fiscal Period

Invincible Investment Corporation Reports 7.6% Year-on-Year Decrease in Net Operating Income For The December 2019 Fiscal Period 27 January 2020- The overall Portfolio NOI for the December 2019 fiscal period ...

Daiwa Office Investment Corporation Borrows 5 Billion Yen (US$46 Million)

Daiwa Office Investment Corporation Borrows 5 Billion Yen (US$46 Million) Daiwa Office Investment Corporation announced its decision to borrow 5 Billion Yen (US$46 Million). The scheduled lenders include Sumitomo Mitsui ...

Hotel Operators Hit by Japan’s Cooling Relations With South Korea

Hotel Operators Hit by Japan’s Cooling Relations With South Korea Jan 17, 2020 - The on-going rift between Japan and South Korea has cut Japanese hotel operators’ revenue. According to ...

Tokyo’s Office Rent Seen Peaking in Second Half 2020; Logistics Demand at Record High

Tokyo’s Office Rent Seen Peaking in Second Half 2020; Logistics Demand at Record High Jan 17, 2020 -While the occupancy rate for office space in central Tokyo may see a ...

Japan Retail Fund Investment Corporation Set To Acquire Machinoma Omori’s Trust Beneficiary Right

Japan Retail Fund Investment Corporation Set To Acquire Machinoma Omori's Trust Beneficiary Right Jan. 17, 2020- Japan Retail Fund Investment Corporation (JRF) announced that Mitsubishi Corp. – UBS Realty Inc., ...
Japan real estate

Itochu Corporation Announces Revision Of Mission To Keep Up With Business Environment Changes

Itochu Corporation Announces Revision Of Mission To Keep Up With Business Environment Changes Jan. 17, 2020- ITOCHU Corporation (“ITOCHU”) has decided at the meeting of the Board of Directors held ...

Japan’s First ESG Real Estate Fund Set For Launch (Nikkei Asian Review)

Japan's First ESG Real Estate Fund Set For Launch (Nikkei Asian Review) Japanese farm lender Norinchukin Bank will market real estate investment funds focusing on properties that achieve sustainability targets, ...

Itochu Corporation Announces Consolidation Of Hoken No Madoguchi Group Inc.

Itochu Corporation Announces Consolidation Of Hoken No Madoguchi Group Inc. ITOCHU Corporation announced today that it has raised its share ownership to 57.7% of the issued stocks of HOKEN NO ...

Ichigo Hotel REIT Completes Sale of Hotel Vista Premio Kyoto

Ichigo Hotel REIT Completes Sale of Hotel Vista Premio Kyoto Ichigo Hotel today completed the sale of Hotel Vista Premio Kyoto announced in the August 27, 2019 release “Hotel Sale ...

Fukuoka REIT Corporation Acquires Logicity Wakamiya

Fukuoka REIT Corporation Acquires Logicity Wakamiya Fukuoka REIT Corporation (FRC) announces that Fukuoka Realty Co., Ltd, an asset management company to which the company entrusts the management of its assets, ...

ORIX JREIT’s Distribution Strategies Expected To Add 170 Yen (US$1.56) To Its Distribution Per Unit

ORIX JREIT's Distribution Strategies Expected To Add 170 Yen (US$1.56) To Its Distribution Per Unit Orix JREIT said in its presentation that its medium to long-term strategy of external growth, ...

Kenedix Office Investment Corporation Receives Certification for CASBEE (Comprehensive Assessment System for Built Environment Efficiency) For Real Estate

Kenedix Office Investment Corporation Receives Certification for CASBEE (Comprehensive Assessment System for Built Environment Efficiency) For Real Estate Kenedix Office Investment Corporation (“the Investment Corporation”) has announced that it received ...

Japan Rides Global REIT Rally, Driving Index to 12-Year High (Bloomberg)

Japan Rides Global REIT Rally, Driving Index to 12-Year High (Bloomberg) Japan’s market for real estate investment trusts is at the highest level in 12 years as yield-hungry investors drive ...

Hitachi And Frasers Property Sign S$100 Million (US$73.26 Million) MOU To Drive Digital Transformation In The Real Estate Industry In Asia Pacific

Hitachi And Frasers Property Sign S$100 Million MOU To Drive Digital Transformation In The Real Estate Industry In Asia Pacific Hitachi Asia Ltd. and Frasers Property Limited, announced today that ...

Japan Retail Fund Investment Corporation Conducts Renewal Plan at GYRE (Shibuya-ku, Tokyo)

Japan Retail Fund Investment Corporation Conducts Renewal Plan at GYRE (Shibuya-ku, Tokyo) Japan Retail Fund Investment Corporation announces that it has decided to conduct a renewal plan at GYRE (Shibuya-ku, ...

Floor Area of Construction Projects in Japan Shrinks in Q2, Survey Reveals

Floor Area of Construction Projects in Japan Shrinks in Q2, Survey Reveals Fewer retail and hotel projects were seen. The total floor area of new construction projects in Japan’s two ...

ORIX JREIT Announces New Debt Financing Worth 3.0 B Yen

ORIX JREIT announces new debt financing of 3.0 billion yen from MUFG Bank Ltd ...

Sakura Sogo Unitholders Voted in Favour of Star Asia’s Resolutions

Sakura Sogo Unitholders Voted in Favour of Star Asia's Resolutions ...

Japan’s Q2 Real Estate Transaction Value Rises 34% on Pricier Properties

Japan’s Q2 Real Estate Transaction Value Rises 34% on Pricier Properties Favourable market conditions led REITs to replace assets The total value of property transactions in Japan rose by 34% ...

Activia Properties Inc. Relocates Head Office

Activia Properties Inc. (“API”) announces that it decided at its board of directors’ meeting held today to relocate its head office. The new location of the head office of API ...
Japan real estate

Starhill Global REIT Enters Facility Agreement For JPY3.7B (US$34.77) Unsecured Term Loan Facility

YTL Starhill Global REIT Management Limited as manager of Starhill Global Real Estate Investment Trust is pleased to announce that HSBC Institutional Trust Services (Singapore) Limited has today entered into ...

Ichigo Hotel Reit Sells Hotel Vista Premio Kyoto for JPY 4.5 B (US$43 M)

Ichigo Hotel decided today to sell Hotel Vista Premio Kyoto for JPY 4.5 billion. The sale is being executed at 1.3X book value and 1.2X appraisal value, generating gains on ...

Japan Prime Realty Investment Corporation Grew its Distribution Per Unit to 7,380 yen (US$69.8)

Japan Prime Realty Investment Corporation Grew its Distribution Per Unit (DPU) bu 0.74% to 7,380 yen (US$69.8) for the period ended June 2019 ...

Industrial & Infrastructure Fund Investment Corporation (IIF) Donates 1,341 Tons of CO2 Credits to Support “Zero Emission Tokyo”

Industrial & Infrastructure Fund Investment Corporation (“IIF”) announced today that it has donated 1,341 tons of CO2 credits acquired through energy conservation efforts in accordance with Tokyo’s Cap-and-Trade Program to ...

Weak Tourism Market Caused 5.5% Decrease in Invincible Investment Corporation’s Net Operating Income in July

The overall Portfolio NOI for July 2019 (including the assets acquired in July 2019, hereafter the same) decreased by 5.5% compared to the same month in 2018. The decline in ...

Japan Prime Realty Investment Corporation Announces Cash Distribution of 7,380 Yen (US$69.65)Per Unit For Period Ending June 2019

Unitholders recorded on the unitholders registry as of Jun. 30, 2019 are eligible to receive cash distributions of 7,380 yen per unit. Furthermore, the final trading day on the Tokyo ...

Japan’s 2020 Occupancy Rate Seen Falling, Survey Reveals

Japan’s 2020 Occupancy Rate Seen Falling, Survey Reveals Analysts have become apprehensive about the global outlook With the onset of the biggest volume of office space since the Global Financial ...

LPGK Withdraws Petition Filed Seeking Permission to Inspect and Take Copies of the Meeting Minutes of the Board of Officers of Sakura Sogo REIT

LPGK and SSR have reached amicable settlement, and LPGK has received copies of the parts of the meeting minutes which it believed to be particularly important, and therefore the Relevant ...

Star Asia Group Announces Detailed Proposal For Merger Between Sakura Sogo REIT And Star Asia Investment Corp

As of August 6, 2019, Star Asia Group, holds 16,896 investment units (approximately 5.1%) of SSR and 97,000 investment units (approximately 17.9%) of SAR. Upon completion of the Proposed Merger ...

Star Asia’s Proposed Bid For Sakura Sogo Challenges Japan-REIT Regulations

Star Asia’s Proposed Bid For Sakura Sogo Challenges Japan-REIT Regulations Fund managers regard Star Asia Group’s bid for Sakura Sogo as a positive move. More importantly, they see it as ...

Star Asia Withdraws Petition for Injunction of Illegal Acts Allegedly Conducted by the Executive Director of Sakura Sogo

Star Asia Group announced its withdrawal of their petition seeking for injuction of illegal acts conduced by the Executive Director of Sakura Sogo REIT (SSR). This is after they have ...

Kenedix Group Changes Kanda Kihara Building’s Name To KDX Kanda Kitaguchi Building

The decision to change the property name was based on efforts to more closely identify the building as the property owned and managed by the Kenedix (KDX) Group, and to ...

ORIX JREIT Acquires Sendai Minamimachidori Building

ORIX JREIT Inc. announced the acquisition of the Sendai Minamimachidori Building for 3.9 billion yen ...

TIMELINE: Tracking the developments of Star Asia’s controversial bid for Sakura Sogo

TIMELINE: Tracking the developments of Star Asia's controversial bid for Sakura Sogo Amid Japan’s typically amicable REIT culture, Star Asia Group’s takeover proposal for Sakura Sogo on May 10 was ...

Fukuoka REIT Establishes Green Finance Framework to Fund Eligible Green Projects

Fukuoka REIT Corporation has established the green finance framework in line with the “Green Bond Principles 2018” and “Green Bond Guidelines 2017 by Ministry of the Environment” set forth by ...

Star Asia Rejects Sakura Sogo’s Proposed Agenda Items And Reiterates Their Right To Convene The August 30 Unitholders’ Meeting

Star Asia says the proposed agenda items stated in the Relevant Documents are not agenda items put forth by LPGK who has the clear right to convene the unitholders’ meeting, ...

INTERVIEW-Sakura Sogo: Approach taken by Star Asia creates dangerous precedents for the J-REIT sector

Above image shows Sakura Sogo's real estate portfolio in central Tokyo Sakura Sogo: Approach taken by Star Asia creates dangerous precedents for the J-REIT sector REIT AsiaPac interviewed Peter Murphy, ...

Mirai Corporation And Sakura Sogo REIT Investment Corporation Enters A Memorandum Of Understanding For Proposed Merger

MIRAI Corporation  and Sakura Sogo REIT Investment Corporation announced that they resolved at the respective board of directors meetings held today to enter into the Memorandum of Understanding regarding the ...

Star Asia Investment Corporation Buys Additional Sakura Sogo REIT Units

Lion Partners GK (“LPGK”, Representative Director: Toru Sugihara), an affiliate of Star Asia Group is currently proceeding with the acquisition of SSR investment units through open market purchases at the Tokyo ...

Ichigo Office REIT Investment Corporation Issues Bonds Worth JPY1.2B (US$11.1M)

Ichigo Office decided to issue JPY 1.2 billion (US$11.1M) of bonds in order to diversify its funding, lower its borrowing costs, and extend the maturity of its debt ...

Ichigo Hotel REIT Acquires Valie Hotel Hiroshima

Ichigo Hotel decided today to acquire the Valie Hotel Hiroshima in central Hiroshima ...

Tokyo’s Office Supply Will Rise in 2023 and 2024

Tokyo’s Office Supply Will Rise in 2023 and 2024 Tokyo’s office space supply will temporarily decline in 2021 and 2022, after the Tokyo Olympics, but a resurgence is expected in ...

IIF Completes Its Multi-Asset Acquisition Plan After Finalizing Its Latest Purchase in Gifu

Industrial & Infrastructure Fund Investment Corporation ("IIF") announced that IIF completed the acquisition of one of the five properties that it plans to acquire ...
Japan real estate

Japan’s REIT prices hit 12-year high amid global scramble for yield (Reuters)

Japanese real estate investment trust (REIT) prices hit a near 12-year high this week after institutional investors piled into the asset class as an alternatives to plunging yields on global ...

Facebook Japan Is Expanding To A Newer, Bigger Office Next Year

Facebook Japan Is Expanding To A Newer, Bigger Office Next Year Facebook Inc. is moving its Japan operations to a bigger location next year, as the social media giant gears ...

Lion Partners Files Petition With Tokyo District Court Seeking Injunction Of Illegal Acts By Sakura Sogo’s Executive Director

Lion Partners GK has submitted to the Tokyo District Court a petition for provisional disposition to seek injunction of illegal acts by SSR’s Executive Director (a petition to prohibit holding ...

INTERVIEW: Star Asia Taps Japan’s REIT Rule For First Time In Sakura Sogo Bid

Star Asia Taps Japan’s REIT Rule For First Time In Sakura Sogo BidThe rule allows a unitholder with a 3% holding to propose changes and call for an extraordinary meeting ...

Star Asia Group Receives Approval to Hold Unitholders’ Meeting of Sakura Sogo REIT Investment Corporation

With regard to the application submitted to the Director-General of the Kanto Local Finance Bureau by LPGK on May 16th, 2019 which requested the permission for LPGK to hold the ...

Kenedix Office Investment Corporation to Acquire Chofu Center Building

Kenedix Office Investment Corporation has announced today, that Kenedix Real Estate Fund Management, Inc., the asset management company for the Investment Corporation, decided to acquire Chofu Center Building for JPY8.7 ...

IIF Completes Four Property Acquisitions In Japan

Industrial & Infrastructure Fund Investment Corporation ("IFF") has completed four out of the five planned acquisitions it announced in a previous press release titled "IIF to Acquire and Lease Five ...

Star Asia Receives DBJ Green Building Certification From JREI

Star Asia Investment Corporation(SAR) has announced that it received DBJ Green Building Certification for its Urban Park Daikanyama property, from Japan Real Estate Institute. The certification program was launched by ...
Japan real estate

MC-UBS Group Acquires US$67.1M Prime Property In Tokyo

Mitsubishi Corp. - UBS Realty Inc., recently acquired a prime property along the Omotesandu-Harajuku-Aoyoma area which is known as one of Japan's key retail centers. The property is estimated to ...

Ichigo REIT To Drive Higher Earnings By Focusing on Value-Add Activities

Ichigo Office REIT seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a broad array of value-add activities, including tailored ...

Ichigo Buys TK Equity Interest in Unizo Tachikawa Building

Ichigo Office decides to acquire TK Equity Interest of 4.35% in Unizo Tachikawa Building for 50,000,000 (plus ancillary acquisition costs) ...

Frontier Real Estate Investment Corp Reacquires DBJ Green Building Certification for Three of Its Properties

Frontier Real Estate Investment Corporation hereby announces that the Investment Corporation will reacquire DBJ Green Building certification for three of its owned properties, Mitsui Shopping Park LaLaport SHIN-MISATO, Mitsui Shopping ...

Star Asia Investment Corporation Appoints New Director

Star Asia Investment Management Co., Ltd., to which Star Asia Investment Corporation entrusts the management of its assets, announces that it has decided at an extraordinary general meeting of shareholders ...

Ichigo Office Receives CASBEE Environmental Certifications

Ichigo Office today received A rank CASBEE (Comprehensive Assessment System for Built Environment Efficiency) certifications for the Ichigo Sakaisuji Honmachi Building and the Ichigo Sendai East Building ...

Mori Hills REIT Reports 6.1% Year-over-year Increase in DPU for January 2019 Period

The asset management activities described above resulted in MHR recording in the twenty-fifth fiscal period 9,423 million yen in operating revenue, 5,945 million yen in operating income, 5,293 million yen ...

Industrial & Infrastructure Fund Executes New 15-Year Lease Contract with Takuyou Corporation Limited

Industrial & Infrastructure Fund Investment Corporation announced today that it has executed a new 15-year lease contract of building with Takuyou Corporation Limited, a new tenant. The commencement date of ...

Ichigo Hote REIT to Buy the Nest Hotel Kumamoto for JPY2.2B (US$19.9M)

Ichigo Hotel decided today to acquire the Nest Hotel umamoto for JPY 2,220,000,000 ...

United Urban Investment Corp Plans to Issue Retail Green Bonds

United Urban Investment Corporation (“United Urban”) plans to issue corporate bonds based on a comprehensive resolution at its meeting of the board of directors and based on a shelf registration ...

Activia Properties Borrows US$35.73M (4B Yen) From Sumitomo Mitsui Trust Bank, Mizuho Bank, MUFG Bank

Activia Properties Inc. announces today that it decided to borrow funds from Sumitomo Mitsui Trust Bank, Mizuho Bank, MUFG Bank with an interest rate of 0.13% + base rate ...

Daiwa House REIT’s DPU for Feb 2019 Period Exceeds 127 Yen Vs Forecast

Daiwa House REIT's DPU for the fiscal period ending in February 2019 is at 5,247 yen, exceeding the forecast by 127 yen and up by 381 yen from the August ...

Frontier Real Estate Investment Corporation Announces Repayment of Short-Term Borrowings

Frontier Real Estate Investment Corporation hereby announces that it has decided to execute short-term borrowings. The Investment Corporation, additionally, announces it would repay short-term borrowings on April 19, 2019. Details ...

Ichigo Office REIT Nominates Five New Directors

Ichigo Investment Advisors (“IIA”), the asset management company of Ichigo Office, decided today on Hiroshi Iwai, Minoru Ishihara, Katsu Fujita, Sohsuke Takahashi, and Noriyuki Kobayashi as new directors ...

United Urban’s External ESG Certification Initiatives Totals 47

In order to enhance the objectivity and credibility of the status of environmental and social considerations of real estate properties owned by United Urban, the initiatives to acquire external certification ...

Mitsubishi Corp.-UBS Realty Inc Appoints Executive Officer and Head of Office Division After Merger with MCUBS MidCity

Industrial & Infrastructure Fund Investment Corporation announced today that the change of important personnel at Mitsubishi Corp.-UBS Realty Inc., the asset management company of IIF, has been scheduled on the ...

MCUBS MidCity Inc. Concludes Merger Agreement with Mitsubishi Corp.-UBS Realty Inc.

MCUBS MidCity Investment Corporation announces the conclusion of the absorption-type merger between MCUBS MidCity Inc. and Mitsubishi Corp.-UBS Realty Inc., with MCUBSR as the surviving company ad MCUBS MidCity Inc ...

Itochu Corporation Announces FamilyMart UNY Holdings’ Absorption-Type Merger of FamilyMart Co. Ltd.

Itochu Corporation announces as attached that FamilyMart UNY Holdings Co. Ltd., a subsidiary of ITOCHU Corporation, decided at the meeting of its board of directors held today to carry out ...

Daiwa House REIT Buys Five Domestic Real Estate Properties

Daiwa House REIT Investment Corporation hereby announces that it has completed the acquisition of the following five properties out of the 13 anticipated acquisitions. These properties are D Project Itabashi ...

Japan Hotel REIT: Reopen of Oriental Hotel Fukuoka Hakata Station After Major Renovation

Japan Hotel REIT Investment Corporation is pleased to announce that Oriental Hotel Fukuoka Hakata Station reopened today after a six-month construction for renovation ...

Fukuoka REIT Amends Asset Management Guidelines

Fukuoka REIT Corporation (FRC) announced that Fukuoka Realty Co., Ltd., the asset management company to which FRC entrusts management of its assets, today decided to partly amend the asset management ...

Daiwa House REIT Signs Interest Rate Swap Agreement

Daiwa House REIT Investment Corporation announces that the interest rates for the loans to be executed on April 10, 2019 as announced in the press release "Notice Concerning Debt Financing ...

Japan Hotel REIT Investment Corporation Acquires Hilton Tokyo Odaiba

Japan Hotel REIT Investment Corporation acquired Hilton Tokyo Odaiba for JPY62.4Bn as of today ...

United Urban Investment Corp. Announces Sale of Maison Ukima and Acquisition of Gran Forte

United Urban Investment Corporation (United Urban) hereby announces that Japan REIT Advisors Co., Ltd. (JRA), the asset management company to which United Urban entrusts asset management services, decided today to ...

ORIX JREIT Announces Resignation and Appointment of Directors

ORIX JREIT Inc. announces the resignation of Kazuhiko Tampo, Director in charge of Investment & Asset Management Department I, II, III, and Business Operation Management Department and the appointment of ...

ITOCHU Corporation Repurchases 55,000,000 of Its Own Shares

ITOCHU Corporation decided at the meeting of the Board of Directors held on February 5, 2019 to repurchase 55,000,000 of its own shares ...

Daiwa House REIT’s Projects Receive Building-Housing Energy-efficiency Labelling System (“BELS”) Certification and DBJ Green Building Certification

Daiwa House REIT Investment Corporation announces that D Project Machida received Building-Housing Energy-efficiency Labelling System (“BELS”) Certification and D Project Kaminokawa, DPL Fukuoka Kasuya and FOLEO Otsu Ichiriyama received DBJ ...

MCUBS MidCity cancels Naoki Suzuki’s election as alternate executive director (Press Release)

MCUBS MidCity’s Board of Directors meeting resolved the cancellation of Naoki Suzuki’s election as the Alternate Executive Director due to his offer of resignation as Deputy President ...

Kenedix invests US$20 million in the funds managed by Fifth Wall Ventures with estimated fund size of US$500 million (Press Release)

Kenedix, Inc. has signed an agreement to make an investment of US$20 million in the most recent venture capital fund established and managed by Fifth Wall Ventures. The fund targeted ...

Japan Retail Fund changes scheduled acquisition date of M-city Kashiwa again (Press Release)

Japan Retail Fund determined to change again the scheduled acquisition date of a trust beneficiary right in the real estate of m-city Kashiwa, as it will take more time to ...

Ichigo Hotel REIT’s Fiscal Period Earnings ups 63.7% on January 2019 (Press Release)

Ichigo Hotel REIT released Financial Results for the January 2019 Fiscal Period (August 1, 2018 to January 31, 2019) ...

United Urban decides to borrow 6,100 million yen (US$54.73 million)in total fund repayment of the principal of existing borrowing (Press Release)

United Urban has decided to procure debt financing to fund a part of the repayment of its existing borrowing in total of 7,100 million yen (US$63.71 million) upon its maturity ...

ORIX JREIT announces acquisitions of environment efficiency certifications (Press Release)

ORIX JREIT Inc. announced acquisitions of “Certification for Comprehensive Assessment System for Built Environment Efficiency (‘CASBEE’) for Real Estate” for 7 properties, “DBJ Green Building Certification” for 2 properties and ...

MCUBS MidCity completes disposition of Trust Beneficiary Interests in Matsushita IMP Bldg (Press Release)

MCUBS MidCity Investment Corporation announced the completion of disposition of trust beneficiary interests in Matsushita IMP Bldg. (45% quasi co-ownership) ...

Nippon Building Fund borrows 3 billion yen (US$26.86million) to refinance a long-term borrowing (Press Release)

Nippon Building Fund borrows 3 billion yen (US$26.86million) at interest rate of 0.08273% from Resona Bank to refinance a long-term borrowing ...

Japan Hotel REIT Investment Corporation raises 1 billion yen (US$8.95 million) new borrowings (Press Release)

Japan Hotel REIT Investment Corporation raised 1 billion yen (US$8.95 million) new borrowings, in order to substantially refinance the investment corporation bonds which will be redeemed on March 19, 2019 ...

Kenedix Reacquired DBJ Green Building Certification for three properties (Press Release)

Kenedix Retail REIT Corporation (“KRR”) announced that it received DBJ Green Building Certification reassessment for three of its properties (Fululu Garden Yachiyo, Unicus Yoshikawa and Blumer Maitamon) today ...

Frontier REIT’s asset management company is certificated as a 2019 Certified Health & Productivity Management Outstanding Organization (Press Release)

Mitsui Fudosan Frontier REIT Management Inc., the asset management company of the Frontier REIT, became the first individual J-REIT asset management company to be recognized as a 2019 Certified Health ...

Daiwa decides to acquire Glass City Harumi for 11,200 million yen (US$100.98 million) (Press Release)

Daiwa Office Investment Corporation decided to acquire Glass City Harumi for 11,200 million yen (US$100.98 million), an office building located in Chuo-ku, Tokyo ...

Invincible Waives Preferential Negotiation Right to Acquire a Property (Press Release)

Invincible Investment Corporation (“INV”) made an agreement today with an affiliate of its sponsor, Fortress Investment Group LLC (“FIG”) to waive the preferential negotiation right pertaining to Plestay Win Kinshicho ...

Japan’s Mori Backs Hong Kong Hospitality Investment Firm (Mingtiandi)

A unit of Mori Building Co, Japan’s largest privately owned developer, is investing in Conduit House, a private equity firm specialising in hospitality projects, according to an announcement by the ...

Kenedix decides to issue investment corporation bonds (green bonds) for 2,000 million yen (US$18.22million) (Press Release)

Kenedix Office Investment Corporation decided to issue investment corporation bonds (green bonds) for 2,000 million yen (US$18.22million) at interest rate of 0.390% per annum ...

Frontier Real Estate Investment Corporation launches new web pages “Sustainability” (Press Release)

Frontier Real Estate Investment Corporation launched new web pages “Sustainability” to commit to ESG-oriented investment. CEO Goro Toyama said their involvement in various ESG-related initiatives is an investment aimed at ...

ORIX JREIT relocates Head offices of ORIX JREIT and its Asset Management Company (Press Release)

ORIX JREIT relocated the head offices of ORIX JREIT and its Asset Management Company to 2-3-1 Hamamatsu-cho, Minatoku, Tokyo ...

Japan Retail Fund Investment Corporation designated as “Score C” in Carbon Disclosure Project Climate Change Program assessment results (Press Release)

Japan Retail Fund Investment Corporation (“JRF”) announced that it was designated by the Carbon Disclosure Project (“CDP”) Climate Change Program, which assesses activities for disclosure of information related to climate ...

Kenedix REIT Establishes Green Bond Framework for Green Bonds Issuance (Press Release)

Kenedix Office Investment Corporation has established “Green Bond Framework,” which specifies a basic policy on green bonds, and that the Framework has obtained a second-party opinion from Sustainalytics, a third-party ...

ORIX JREIT announces applicable interest rate of 1 billion yen(US$9.2million) debt financing (Press Release)

ORIX JREIT announced 0.319% as applicable interest rate of 1 billion yen(US$9.2million) debt financing with The Chugoku Bank,Ltd ...

MCUBS MidCity obtained environment certification (Press Release)

MCUBS MidCity Investment Corporation continues to make efforts to obtain environment certification, and MCUBS MidCity announces that it has received “Tokyo Low-Carbon Small and Medium-Sized Model Building” notifications for the ...

Changes in parent companies of Premier REIT Advisors Co., Ltd. (Press Release)

NTT-SH will hold 95.2% of the outstanding shares of NTT Urban Development, which holds 55.1% of the outstanding shares of Premier REIT Advisors Co., Ltd ...

Nissay Asset Management Corp Japan ADV Purchases 1,354 Shares of Liberty Property Trust (Narea Informative)

Nissay Asset Management Corp Japan ADV grew its holdings in Liberty Property Trust (NYSE:LPT) by 6.0% in the 3rd quarter, according to its most recent disclosure with the Securities and ...

Alexandria Real Estate Equities Inc (NYSE:ARE) Position Lifted by Nissay Asset Management Corp Japan ADV (Press Oracle)

Nissay Asset Management Corp Japan ADV grew its holdings in shares of Alexandria Real Estate Equities Inc (NYSE:ARE) by 7.4% in the third quarter, according to its most recent Form ...

Nissay Asset Management Corp Japan ADV Acquires 2,513 Shares of Realty Income Corp (Fairfield Current)

Nissay Asset Management Corp Japan ADV lifted its stake in Realty Income Corp (NYSE:O) by 6.4% in the 3rd quarter, according to its most recent Form 13F filing with the ...

Nissay Asset Management Corp Japan ADV Takes US$8.51 Million Position in CBRE Group Inc (Marea Informativa)

Nissay Asset Management Corp Japan ADV acquired a new position in shares of CBRE Group Inc (NYSE:CBRE) during the 3rd quarter, according to the company in its most recent 13F ...

Nissay Asset Management Corp Japan ADV Invests US$314,000 in Brookfield Property Reit Inc (PressOracle)

Nissay Asset Management Corp Japan ADV purchased a new stake in Brookfield Property Reit Inc (NASDAQ:BPR) in the 3rd quarter, according to its most recent filing with the SEC. The ...

Will Japan’s REIT Share-Buyback Trend Run Out of Steam? (Magazine)

Will Japan’s REIT Share-Buyback Trend Run Out of Steam? Abenomics has triggered share buybacks by J-REITS—a move welcomed by fund managers and shareholders. But what happens after the end of ...

Tokyu Fudosan To Raise ¥82.3B From Sale Of New And Existing Shares To The Public As Well As To Tokyu Corp.

52.3 million shares will be offered in Japan and up to 32.4 million shares will be offered overseas; of the 84.7 million shares to be offered, 71.2 million will be ...

Japanese And Other Asian Firms Shifting Production From China As U.S. Tariffs Take Toll (The Japan Times)

A growing number of Asian manufacturers producing items ranging from memory chips to machine tools are moving to shift production from China to other factories in the region in the ...

BOJ Policymakers Debate Potential For Further Policy Tweaks At September Meeting (The Japan Times)

Bank of Japan policymakers discussed the possibility of making monetary policy more flexible in the future at their September meeting, a summary of their opinions showed Friday. The discussions, which ...

Japan’s average land price posts first gain in 27 years (The Japan Times)

The average price of land in Japan edged up 0.1% this year, putting an end to 26 consecutive years of decline since the bubble-economy burst, as a tourism boom spurs ...

Mitsui Fudosan Logistics Park Buys 60% Interest in Industrial Facility

Mitsui Fudosan has acquired two logistic buildings from MG Leasing for 5.3 billion yen (US$47 million). The combined area of the buildings in the city of Tsukubamirai in southwestern Ibaraki ...

Elite Commercial REIT’s Tan Will Continue Current Role Despite Dasin Retail Trust Claim

June 2, 2023 - Elite Commercial REIT's manager said in a statement that Tan Huay Lim, Independent Director and Chairman of the Audit and Risk Committee (ARC) will continue his ...

Frasers Centrepoint Trust’s H1 Net Property Income Climbs 5.7%, DPU Flat

Frasers Centrepoint Trust's H1 Net Property Income Climbs 5.7%, DPU Flat April 26, 2023 - Frasers Centrepoint Trust (FCT)'s net property income climbed 5.7% to S$137 million in the six ...

Asia Pac REITs Underperformed Equities In May, Led By Hong Kong’s 10.5% Fall, Japan Outperforms

(By Patrick Ma, Director, Listed Products and Research, Admiral Investments) June 2, 2023 - Global REITs, including Asia Pacific REITs, underperformed equity markets after tech and AI-related stocks climbed. Japan ...

Link REIT Proposes 1-for-5 Rights Issue To Raise HK$18.8 Billion To Strengthen Capital Base

Link REIT Proposes 1-for-5 Rights Issue To Raise HK$18.8 Billion Jan 11, 2023 - The Rights Issue is proposed to be conducted on the basis of one Rights Unit for ...

Link REIT Buys Two Singapore Retail Assets For S$2.161 Billion

Link REIT Buys Two Singapore Retail Assets For S$2.161 Billion Dec 29, 2022 - Link Asset Management Limited, the manager of Link Real Estate Investment Trust (Link REIT, said it ...

Link REIT Says It Is “Well-Positioned” to Capture Continued Growth

Link REIT Says It Is "Well-Positioned" to Capture Continued Growth June 2, 2022 - Link Asset Management Limited, (Link) the manager of Link Real Estate Investment Trust, (Link REIT) has ...

Link Taps Yangtze River Delta Logistics Sector

Link Taps Yangtze River Delta Logistics Sector May 13, 2022 -  Link Real Estate Investment Trust announced that it has agreed to acquire a 100% interest in a prime logistics portfolio ...

Fitch Affirms Link REIT at ‘A’; Outlook Stable

Fitch Affirms Link REIT at 'A'; Outlook Stable May 6, 2022 - Fitch Ratings has affirmed Hong Kong-based Link Real Estate Investment Trust's (Link REIT) Long-Term Issuer Default Rating (IDR) ...

Link REIT Announces New Round Of Tenant Support Scheme

Link REIT Announces New Round Of Tenant Support Scheme February 24, 2022 - Link Real Estate Investment Trust said it is assessing the latest impact of the epidemic with a ...
Hong Kong REIT proposal

Link Appoints Greg Chubb as COO

Link Appoints Greg Chubb as COO January 17, 2021 - Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust, announced the appointment of Greg Chubb as ...

Link REIT’s ESG Evaluation Score Raised By S&P

Link REIT's ESG Evaluation Score Raised By S&P January 13, 2021 - Link Real Estate Investment Trust has received a score of 73 out of 100 from the second S&P Global Ratings ...

The Implications Of New Impetus To Reinvigorate The Hong Kong REIT Market

The Implications Of New Impetus To Reinvigorate The Hong Kong REIT Market While Hong Kong has taken steps to revitalise its REIT market, there’s still more to do to catch ...

Hong Kong Investor Bets Big On Sydney’s CBD Retail Revival (Australian Financial Review)

Hong Kong Investor Bets Big On Sydney’s CBD Retail Revival (Australian Financial Review) September 30, 2021 - Hong Kong’s Link REIT is circling stakes in three trophy Sydney CBD assets ...
Hong Kong REIT proposal

Fortune REIT Obtains Sustainability-Linked Loan of HK$1.5 Billion (US$190 Million) from OCBC Bank

Fortune REIT Obtains Sustainability-Linked Loan of HK$1.5 Billion (US$190 Million) from OCBC Bank July 16, 2021 - Fortune Real Estate Investment Trust (REIT) announced that it has secured a 5-year sustainability-linked ...
Hong Kong REIT proposal

Hong Kong Seeks to Revitalise the REITs (Asian Legal Business)

Hong Kong Seeks to Revitalise the REITs (Asian Legal Business) June 29, 2021 - The Hong Kong government recently launched a HK$270 million ($35 million) plan to encourage property owners ...

Link REIT Reports Higher DPU In Q1 2021

Link REIT Reports Higher DPU In Q1 2021 June 18, 2021 - Link REIT reported a 289.99 cents distribution per unit (DPU) for the period ending March 2021, up 1% ...

Link REIT Acquires Mall in Guangzhou, China

Link REIT Acquires Mall in Guangzhou, China June 7, 2021 - Link REIT announced that it has acquired Happy Valley Shopping Mall in Tianhe, Guangzhou, China. This is the REIT's ...

Hong Kong Starts REIT Subsidy Plan To Make Up For Lost Decade As Rival Markets Flourish From Singapore To Japan (South China Morning Post)

Hong Kong Starts REIT Subsidy Plan To Make Up For Lost Decade As Rival Markets Flourish From Singapore To Japan (South China Morning Post) May 17, 2021 - Hong Kong ...

Major Asian REIT Targets Premium Australian Real Estate (Australian Financial Review)

Major Asian REIT Targets Premium Australian Real Estate (Australian Financial Review) March 31, 2021 - Link REIT, which paid almost $700 million for a Sydney office building in late 2019, ...

Link REIT Announces Acquisition of 50% Interest in Shanghai Property

Link REIT Announces Acquisition of 50% Interest in Shanghai Property February 26, 2021 - Link REIT announced that it has acquired a 50% equity interest in Qibao Vanke Plaza for ...

Link REIT Secures Its First Sterling-Denominated Sustainability-Linked Loans

Link REIT Secures Its First Sterling-Denominated Sustainability-Linked Loans January 15, 2021 - Link Real Estate Investment Trust announced that it has converted two five-year loans totalling £200 million (US$273.6 million) ...
Hong Kong REIT proposal

Hong Kong Mulls Easing Restrictions On REITs (The Standard)

Hong Kong Mulls Easing Restrictions On REITs (The Standard) November 27, 2020 - Financial Secretary Paul Chan Mo-po yesterday said the government aims to promote real estate investment funds by ...
Hong Kong real estate

Link Issues $400 million 18-Year Notes At 2.18% Coupon

Link Issues $400 million 18-Year Notes At 2.18% Coupon October 29, 2020 - Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust, announced that it has ...
Hong Kong company buys asset in US

CBRE Appoints Jonathan Chau as Head of Investment Property & Private Office for Hong Kong

CBRE Appoints Jonathan Chau as Head of Investment Property & Private Office for Hong Kong October 21, 2020 – CBRE has announced the appointment of Jonathan Chau as the Executive ...

Fortune REIT Expects Net Losses In The First Half Of 2020

Fortune REIT Expects Net Losses In The First Half Of 2020 July 13, 2020 -- Fortune REIT issued an announcement, saying they are likely to operate on "net losses" for ...

Fearful Of China’s New Security law, Hong Kongers Scramble For Safe Havens (Reuters)

Fearful Of China's New Security law, Hong Kongers Scramble For Safe Havens (Reuters) July 6, 2020 -- Many Hong Kong residents are scouring for new jobs and homes overseas, fearful ...

The Future of Hong Kong’s Investment Climate (Magazine)

The Future of Hong Kong’s Investment Climate (Magazine) China has come under fire from countries, including the UK, US and Japan, over its controversial national security laws for Hong Kong ...
Hong Kong REIT proposal

Hong Kong’s SFC Proposes to Grant Greater Investment Flexibility to REITs (Regulation Asia)

Hong Kong's SFC Proposes to Grant Greater Investment Flexibility to REITs (Regulation Asia) June 10, 2020- REITs will be given more flexibility to invest in minority-owned properties and property development ...
Hong Kong REIT proposal

Link REIT Posts Higher Distribution Per Unit In First Three Months Of 2020

Link REIT Posts Higher Distribution Per Unit In First Three Months Of 2020 June 2, 2020 -- The board of directors of Link Asset Management Limited as manager of Link ...

Hong Kong Retail Landlords Link REIT, Wheelock And Emperor International Set Alarm Bells Ringing With Profit Warnings (South China Morning Post)

Hong Kong Retail Landlords Link REIT, Wheelock And Emperor International Set Alarm Bells Ringing With Profit Warnings (South China Morning Post) May 8, 2020 -- Major listed Hong Kong retail ...

Link REIT Expands Support Scheme For Tenants Impacted By COVID-19 To HK$300 M (US$38.7 M)

Link REIT Expands Support Scheme For Tenants Impacted By COVID-19 To HK$300 M (US$38.7 M) April 13, 2020- Link Asset Management Limited (Link), the manager of Link Real Estate Investment ...
Hong Kong real estate

Private Equity Group PAG, Criticises Spring REIT Failures, Conflicts Of Interest (The Standard)

Private Equity Group PAG, Criticises Spring REIT Failures, Conflicts Of Interest (The Standard) February 13, 2020 -- PAG Real Estate, which holds an 18.2 percent interest in Spring Real Estate Investment ...
Hong Kong REIT proposal

Link REIT Establishes Support Scheme for Small and Medium-sized Tenants Amid Coronavirus Disruptions

Link REIT Establishes Support Scheme for Small and Medium-sized Tenants Amid Coronavirus Disruptions February 12, 2020 -- Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust ...

Moody’s Downgrades Hong Kong Outlook To Negative As Protests Go On (Reuters)

Credit rating agency Moody’s changed its outlook on Hong Kong’s rating to negative from stable on Monday, reflecting what it called the rising risk of “an erosion in the strength ...

Update: Concerns Loom for Hong Kong’s Future; REITs Fall

(Updating to show that REITs have fallen) Concerns Loom for Hong Kong's Future; REITs Fall (Update) Hong Kong’s REITs and real estate stocks can still withstand the protests, but longer-term ...

Link REIT might change tracks to achieve its HK$100 goal (The Standard)

Shares of Link REIT (0823) have fallen five straight trading days, dropping 4.81 percent to HK$95 last Friday from its historic high of HK$99.8 in July 5 ...

China Merchants Shekou Plans $800 Million REIT IPO in Hong Kong (Bloomberg)

China Merchants Shekou Industrial Zone Holdings Co. is planning an initial public offering of a real estate investment trust in Hong Kong, the city’s first REIT listing in five years, ...

theDesk To Open Fifth Hong Kong Location in Building Owned By Sunlight REIT (Marketing Interactive)

Co-working space theDesk is adding a fifth location to its body of Hong Kong premises. Set to open in Q4 of 2019, the new space, it will be located at ...

Capping Rents In Link REIT Public Shopping Malls Shot Down by Hong Kong Government Officials Who Say It Is Incompatible With Basic Law (SCMP)

Hong Kong officials shot down a proposed bill to cap rent for shops in public housing estates on Friday, saying it was not in line with the Basic Law ...
Hong Kong REIT proposal

Office rents headed higher in Island East and Tsim Sha Tsui, as Central exodus gathers steam (SCMP)

The decentralisation of companies moving away from the core business district will accelerate after the opening of the HK$36 billion (US$4.59 billion) Central-Wan Chai Bypass and Island Eastern Corridor Link ...

Hong Kong’s office landlords raise creditworthiness requirements as more commercial tenants walk away from leases (SCMP)

Commercial landlords in Hong Kong, who own some of the world’s most expensive offices, are doubling or tripling the money that tenants must put down as deposit, as a downturn ...

Hong Kong’s biggest and last data centre plot fetches nine bids from top industry players(SCMP)

The biggest and last remaining land parcel for a data centre ever to be sold via tender by the Hong Kong government has received nine bids, but markets observers say ...

China Southern Airlines Hopes To Get HK$1B(US$130m) Office Sale Off The Ground In SAI YING PUN(Mingtiandi)

China Southern Airlines is reportedly putting up for sale a four-storey office space in a waterfront building in Hong Kong’s Sai Ying Pun area, with hopes for a HK$1 billion ...

Swire Pacific sell 100% interest in the Cityplaza Three and Cityplaza Four Properties (Press Release)

Reference is made to the joint announcement issued by Swire Pacific Limited (“Swire Pacific”) and Swire Properties Limited (“Swire Properties”) dated 15th June 2018 in respect of the sale of ...

Henderson Land Gets $930M Offer For Office Building In HK’s Central (Mingtiandi)

Henderson Land Development has reportedly received a HK$7.3 billion ($930 million) offer from an undisclosed financial group for the FWD Financial Centre, a grade A office building at the western ...
Hong Kong real estate

Mandarin Oriental Announces The Excelsior, HK Will Close On 31st Mar ’19 For Redevelopment Of The Site

Mandarin Oriental International Limited today announces that The Excelsior, Hong Kong will close on 31st March 2019 in order for Mandarin Oriental Hotel Group (the ‘Group’) to redevelop the site ...

Cigna Flees HK Island Office Rents With Move To Mapletree Kowloon Project (Mingtiandi)

Cigna Worldwide Life Insurance has become the latest multinational to flee the rising costs of Hong Kong island office space for Kowloon’s more budget-friendly shores, according to local media reports ...

Hong Kong’s August Retail Sales Hit US$4.88B (The Standard)

Hong Kong's retail sales in August rose 9.5 percent year-on-year in terms of value on the back of solid local demand and growth in visitor arrivals, according to the Census ...

Chinese Property Stocks Hit As Housing Ministry Instructs Six Provinces To Conduct In-Depth Study Of Pre-Sales (SCMP)

Chinese property stocks fell on Tuesday after a long weekend break amid reports of possible property pre-sale restrictions in Guangdong and five other provinces, while the ongoing US-China trade war ...

Stratospheric Rents In Hong Kong’s Central? No Problem For Cryptocurrency Start-Ups (SCMP)

It is going to take more than a US$600 billion crash in digital assets to deter cryptocurrency companies from splashing out on some the world’s priciest offices. Cryptocurrency exchanges and ...

Shop King Swaps City Hotel for Suburban Site in US$180M Deal (Mingtiandi)

Hong Kong billionaire Tang Shing-bor, known as the city’s “Shop King”, is trading an 80-room hotel in Wan Chai for a potential housing site in Sai Kung, a suburban area ...

Warburg Pincus-backed Real Estate Firm Eyes Co-working Market as Demand Rises in Hong Kong (SCMP)

Kailong, a Shanghai-based real estate investment management company backed by US private equity fund Warburg Pincus, is planning to include a co-working element at all eight of its commercial properties ...

CLMT To Acquire Queensbay Mall In Malaysia Penang For RM990.50 Million (US$210 Million)

CLMT To Acquire Queensbay Mall In Penang For RM990.50 Million (US$210 Million) Nov 9, 2022 – CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), ...

CapitaLand Malaysia Trust Q3 2022 Net Income Up 105.8%

CapitaLand Malaysia Trust Q3 2022 Net Income Up 105.8% Oct 26, 2022 – CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), announced an increase of 45.9% ...

AME REIT Inks 34 SPAs To Acquire Properties From Various AME’s Units (The Star)

AME REIT Inks 34 SPAs To Acquire Properties From Various AME's Units (The Star) July 20, 2022 - (from The Star) AME Elite Consortium Bhd said AME Real Estate Investment Trust ...

Atrium REIT To Raise RM85.3 Million (US$19.2 Million) To fund Atrium Shah Alam 4 Asset Enhancement (New Straits Times)

Atrium REIT To Raise RM85.3 Million (US$19.2 Million) To Fund Atrium Shah Alam 4 Asset Enhancement (New Straits Times) July 14, 2022 - (from New Straits Times) Atrium Real Estate ...

KIP REIT Announces Maiden RM79 Million (US$17.8 Million) Industrial Asset Deal (The Star)

KIP REIT Announces Maiden RM79 Million (US$17.8 Million) Industrial Asset Deal (The Star) July 13, 2022 - (The Star) KIP Real Estate Investment Trust (KIP REIT) will buy three industrial ...

Tower-REIT To Offer Customisable Layouts (The Star)

Tower-REIT To Offer Customisable Layouts (The Star) July 13, 2022 - (The Star) Tower Real Estate Investment Trust (Tower-REIT) is offering customisable office layouts for prospective tenants at Menara HLX ...

Malaysian REITs A Good Defensive Play, RHB Research Says (The Star)

Malaysian REITs A Good Defensive Play, RHB Research Says (The Star) June 30, 2022 - Despite the current global inflationary environment, RHB Research is turning more positive on the real ...

KLCCP Stapled Group’s Q1 Revenue Rises On Strong Rebound Of Business Activities

KLCCP Stapled Group's Q1 Revenue Rises On Strong Rebound Of Business Activities KLCCP Stapled Group reported a 13.9% increase in revenue to RM321.7 million (US$73.24 million)with Profit Before Tax (PBT) ...

Axis REIT Earnings Growth To Be Fuelled By Industrial Assets, Says MIDF Research (New Straits Times)

Axis REIT Earnings Growth To Be Fuelled By Industrial Assets, Says MIDF Research (New Straits Times) April 21, 2022 - Axis Real Estate Investment Trust's (Axis Reit) earnings outlook is ...

Investment Prospects Of Malaysian REITs To Scale Up With Best Practices (New Straits Times)

Investment Prospects Of Malaysian REITs To Scale Up With Best Practices (New Straits Times) April 6, 2022 - Bursa Malaysia saw its first real-estate investment trust (REIT) in 2004, while ...

Malaysia’s Hotel And REIT Industry Poised To Get A Lift (The Star)

Malaysia's Hotel And REIT Industry Poised To Get A Lift (The Star) March 29, 2022 - The reopening of international borders this Friday is set to be a boon especially ...

Axis REIT’s Yield-accretive Acquisitions To Drive Perfomance (New Straits Times)

Axis REIT’s Yield-accretive Acquisitions To Drive Perfomance (New Straits Times) March 29, 2022 - Axis Real Estate Investment Trust's (Axis-Reit) strong appetite for yield accretive acquisitions in 2021 will drive ...

Sunway REIT Sees Benefits Of Diversification (The Star)

Sunway REIT Sees Benefits Of Diversification (The Star) January 3, 2021 - The pandemic has left many retail-related business floundering, thus Sunway Real Estate Investment Trust (REIT) is thankful that it ...

Sunway REIT Partners With OCBC Bank For Sustainability-linked Bonds (The Star)

Sunway REIT Partners With OCBC Bank For Sustainability-linked Bonds (The Star) December 7, 2021 - SunREIT Unrated Bond Bhd (SUB) has issued the first tranche of Sustainability-Linked Bonds (SLBs) as ...

Tower REIT Earnings up 36% in Q1 (The Star)

Tower REIT Earnings up 36% in Q1 (The Star) October 14, 2021 - Tower Real Estate Investment Trust (Tower REIT) posted a 36% jump in net profit to RM2.13mil for ...

Mall, Office REITs Look Attractive As Recovery Play In Malaysia (The Star)

Mall, Office REITs Look Attractive As Recovery Play In Malaysia (The Star) October 11, 2021 - The resumption of economic activity amid the easing up of lockdown restrictions has seen ...

IGB Commercial REIT Units Slip Below IPO Price In Stock Exchange Debut (The Edge Markets)

IGB Commercial REIT Units Slip Below IPO Price In Stock Exchange Debut (The Edge Markets) September 20, 2021 - IGB Commercial Real Estate Investment Trust's (IGBCR) stock exchange debut saw ...

YTL Hospitality REIT in Acquisition Mode As Yield-Accretive Assets Emerge — AmInvestment Bank (The Edge Markets)

YTL Hospitality REIT in Acquisition Mode As Yield-Accretive Assets Emerge — AmInvestment Bank (The Edge Markets) September 3, 2021 - YTL Hospitality REIT is currently on the lookout for quality ...

KLCCP Stapled Group Declares HIgher Revenue in Q2 2021

KLCCP Stapled Group Declares HIgher Revenue in Q2 2021 August 18, 2021 - KLCCP Stapled Group annuonced its final reuslts, showing momentum for the second quarter ended June 30, 2021 ...

Hektar REIT Posts RM 26.78 Million (US$6.46 Million) in Revenue in Q1 2021

Hektar REIT Posts RM 26.78 Million (US$6.46 Million) in Revenue in Q1 2021 May 26, 2021 - Malaysia's Hektar Real Estate Investment Trust announced that it has recorded revenue of RM26.78 million ...

Footfall at Pavilion REIT’s Malls at More Sustainable Levels (The Malaysian Reserve)

Footfall at Pavilion REIT’s Malls at More Sustainable Levels (The Malaysian Reserve) April 8, 2021 - Analysts are turning more positive on the outlook for Pavilion Real Estate Investment Trust’s ...

Thai REITs Tipped to Offer 10 to 15% Returns This Year (The Bangkok Post)

Thai REITs Tipped to Offer 10 to 15% Returns This Year (The Bangkok Post) April 6, 2021 - Real estate investment trusts (REITs) and infrastructure funds are likely to offer ...

Axis REIT Announces Acquisition Plans For Johor Property

Axis REIT Announces Acquisition Plans For Johor Property March 16, 2021 - Axis REIT announced in a disclosure that they have entered into a sale and purchase agreement with Xin ...

Sentral REIT DPU Up 4.1% In 2020

Sentral REIT DPU Up 4.1% In 2020 January 20, 2021 - Sentral REIT announced that it has achieved a realised net income of RM20.61 million (US$5.1 million) for the fourth ...

AME Elite To Establish And List AME REIT On Bursa Malaysia (New Straits Times)

AME Elite To Establish And List AME REIT On Bursa Malaysia (New Straits Times) December 2, 2020 - AME Elite Consortium Bhd has proposed to establish and list an industrial ...

Petronas To Extend KLCC REIT Lease By 15 Years

Petronas To Extend KLCC REIT Lease By 15 Years November 20, 2020 - KLCC REIT Management Sdn announced that Petroliam Nasional Berhad (Petronas) decided to extend the leases of Menara ...

MRCB-Quill REIT Q3 Distribution Per Unit Up 21.8%

MRCB-Quill REIT Q3 Distribution Per Unit Up 21.8% November 12, 2020 - MRCB-Quill REIT announced that its net income grew 21.8% to of RM21.48 million (US$55.2 million) for the third ...

KLCCP Stapled Group’s Q3 Revenue Down By 11.6%

KLCCP Stapled Group's Q3 Revenue Down By 11.6% November 11, 2020 - KLCCP Stapled Group's revenue in July to September declined by 11.6% compared to the same three-month period in ...

Mall Closures To Put A Dent On REIT Earnings (The Malaysian Reserve)

Mall Closures To Put A Dent On REIT Earnings (The Malaysian Reserve) October 13, 2020 - THE spread of Covid-19 infections and enforcement of controlled movement are set to impact ...

UOA REIT To Buy Corporate Tower for RM700 M (US$168.23 M)

UOA REIT To Buy Corporate Tower for RM700 M (US$168.23 M) September 29, 2020 - The trustee of UOA Real Estate Investment Trust has entered into a conditional sale and ...

KLCCP Stapled Group’s Second Quarter Revenue Down 24%

KLCCP Stapled Group's Second Quarter Revenue Down 24% August 6, 2020 -- KlCCP Stapled Group reported a revenue of RM267.2 million for the second quarter of financial year 2020, lower ...

CapitaLand Malaysia Mall Trust Posts Net Property Income Of RM39.4 M (US$9.03 M) For 1Q 2020

CapitaLand Malaysia Mall Trust Posts Net Property Income Of RM39.4 M (US$9.03 M) For 1Q 2020 May 25, 2020- CapitaLand Malaysia Mall REIT Management Sdn. Bhd., the manager of CapitaLand ...

KLCCP Stapled Group Reports First Quarter 2020 Revenue Of RM 354.6 Million (US$82.25 Million)

KLCCP Stapled Group Reports First Quarter 2020 Revenue Of RM 354.6 Million (US$82.25 Million) May 6, 2020 -- KLCCP Stapled Group reported a stable top-line performance for the first quarter ...

Al-Salam REIT Reports Lower Distribution Per Unit In 4Q 2019

Al-Salam REIT Reports Lower Distribution Per Unit In 4Q 2019 February 26, 2020 -- Al-Salam REIT reported a decrease in its distribution per unit (DPU) for the fourth quarter edned ...

KLCCP Stapled Group Closes 2019 With A Total Dividend Distribution of 38 Sen (US$0.093)

KLCCP Stapled Group Closes 2019 With A Total Dividend Distribution of 38 Sen (US$0.093) 24 January 2020 -- KLCCP Stapled Group delivered a sustained performance for the year ended 31 ...

CapitaLand Malaysia Mall Trust Posts Net Property Income Of RM202.1 M For FY 2019

CapitaLand Malaysia Mall Trust Posts Net Property Income Of RM202.1 M For FY 2019 23 January 2020 - CapitaLand Malaysia Mall REIT Management Sdn. Bhd., the manager of CapitaLand Malaysia ...

MRCB-Quill REIT Declares Lower Distribution Per Unit For FY2019

MRCB-Quill REIT Declares Lower Distribution Per Unit For FY2019 20 January 2020 -- After taking into consideration the non-cash adjustment for amounts previously not distributed of RM0.9 million, MQREIT achieved ...

Employees Provident Fund Board Sells 700,000 Axis REIT Shares

Employees Provident Fund Board Sells 700,000 Axis REIT Shares ...

Axis REIT Issues 247,457,057 New Units

Axis REIT Issues 247,457,057 New Units Axis REIT announced the proposed placement of up to 247,457,057 new units in Axis REIT, representing up to 20% of its total issued units ...

Fitch Assigns Lippo Malls Indonesia Retail Trust ‘BB’ Final Rating

Fitch Assigns Lippo Malls Indonesia Retail Trust 'BB' Final Rating Fitch has assigned Lippo Malls Indonesia Retail Trust (LMIRT) a final Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB' with ...

Axis REIT Announced A 2.35 Sen (US$0.0056) Distribution Per Unit In 3Q

Axis REIT Announced A 2.35 Sen (US$0.0056) Distribution Per Unit In 3Q Axis REIT announced that its distribution per unit (DPU) hit 2.35 sen in 3Q, almost unchanged from the ...

Employees Provident Fund Board Acquires Shares In Sunway REIT

Employees Provident Fund Board Acquires Shares In Sunway REIT Employees Provident Fund Board announced that it has acquired 900,000 units in Sunway Real Estate Investment Trust (REIT). Read more ...

Axis REIT Buys Johor Property For RM65 M (US$15.52M)

Axis REIT Buys Johor Property For RM65 M (US$15.52M) Axis Real Estate Investment Trust’s trustee, RHB Trustees Berhad has entered into a sale and purchase agreement to acquire a property ...

YTL Corp To Inject UK Properties Worth Over RM1 B (US$240 M) to YTL REIT Next Year (New Straits Times)

YTL Corp To Inject UK Properties Worth Over RM1 B (US$240 M) to YTL REIT Next Year (New Straits Times) LONDON: YTL Corp Bhd is preparing to inject its UK ...

Al-Salam Real Estate Investment Trust Proposes Acquisition of 22 Properties Across Malaysia

Al-Salam Real Estate Investment Trust proposed acquisition of 22 properties located across Malaysia by Amanahraya Trustees Berhad, as the trustee of Al-Salam REIT, for a purchase consideration to be satisfied ...

Axis REIT Announces Plans to Acquire Nusajaya Tech Park Properties for RM55.8 M (US$13.3 M)

The Proposed Acquisition of the Properties is in line with the Fund’s investment objectives and its growth strategy to provide the unitholders with stable income distribution and to achieve growth ...

Capitaland Malaysia Mall Trust’s DPU Declined By 19.9% To 3.22 sen in 1H of 2019

Distributable income for 1H 2019 was RM65.8 million and distribution per unit (DPU) was 3.22 sen. The annualised DPU of 6.49 sen for 1H 2019 translates to an annualised distribution ...

Employees Provident Fund (EPF) Malaysia Commits $100 M To Healthcare Wholesale Property Fund

The Healthcare Wholesale Property Fund (HWPF) today announced Employees Provident Fund (EPF) Malaysia as a new investor in the fund ...

Axis REIT Proposes Acquisition of Leasehold Land in Bayan Lepas Free Industrial Zone Phase 4

Axis REIT announced its proposed acquisition of a piece of leasehold land situated in Bayan Lepas Free Industrial Zone Phase 4, 11900 Bayan Lepas, Pulau Pinang erected with a purpose-built ...

Malaysian REITs Sector Likely To Have a Bumpy Ride (The Star)

The road ahead for the Malaysian real estate investment trust (REIT) sector is expected to be a bumpy one, according to AmInvestment Bank Research ...

CapitaLand Malaysia Mall Trust Appoints New Interim Chief Financial Officer

Ms Tan Lei Keng is appointed as the Interim Chief Financial Officer of the Company ...

CapitaLand CFO To Leave Position After Two Years

CapitaLand Malaysia Mall REIT Management's Jacqueline has announced that she will be leaving her post as the company's chief financial officer. Kua joined the company back in 2017 and is ...

MRCB-Quill REIT Reports 7.6% Year-over-Year Decline in Net Income for 1Q 2019 (The Star)

MRCB-Quill REIT, which owns 11 buildings, said realised net income in the first quarter of 2019 fell 7.6% from a year ago due to lower revenue from selected properties ...

AmFIRST Reports Final Income Distribution for Period Ending March 2019 at 2.13 sen per Unit

Final income distribution of 2.13 sen per unit (of which 1.99 sen per unit is taxable and 0.14 sen per unit is tax exempt/non-taxable) in respect of the six-month financial ...

Hektar REIT in Talks to Buy Retail Asset

Hektar Real Estate Investment Trust (Hektar REIT) is in active negotiations to acquire a retail asset as plans to double its asset value to RM2.4bil by 2026 are on track ...

Kumpulan Wang Persaraan (Diperbadankan) Sells 178,000 Shares of Axis REIT (Press Release)

Kumpulan Wang Persaraan (Diperbadankan) disposes 178,000 shares of Axis REIT in open market ...

Kumpulan Wang Persaraan (Diperbadankan) Disposes of 966,576 Shares of Axis REIT (Press Release)

Kumpulan Wang Persaraan (Diperbadankan) disposes 966,576 shares of Axis REIT in open market ...

Sunway Berhad Buys Back 1,150,000 of its Shares for US$473,456.47

Sunway Berhad buys back 1,150,000 of its shares for US$473,456.47 (1,932,869.87 MYR) ...

Sunway Holdings Proposes Acquisition of Blacktop Industries

The Board of Directors of Sunway wishes to announce that Sunway Holdings Sdn Bhd , a wholly-owned subsidiary of Sunway, has on 29 March 2019 entered into a Share Sale ...

Sunway Group Buys Back 2,000,000 Shares for US$ 825,409

Malaysian conglomerate Sunway Berhad buys back 2,000,000 shares for 3,364,761.60 MYR (US$ 825,409) ...

KIP Group eyeing four new shopping malls (The Star)

Property developer KIP Group will see the number of shopping malls in its portfolio increase to 12, from eight currently, over the next three years. Group CEO Valerie Ong said ...

Sunway REIT second quarter net profit lower at RM66.4mil (US$16.28 mil) (Press Release)

Sunway REIT’s net profit for the second quarter ended Dec 31 fell 6.4% to RM66.4mil(US$16.28 mil). Revenue dropped 1.4% to RM139.5mil, largely due to softer market conditions within the hospitality ...

Amanahraya Trustees Berhad raises stake in Sunway REIT (Press Release)

Amanahraya Trustees Berhad - Amanah Saham Bumiputera acquired 3,125,000 units of securities of Sunway REIT on 30 Jan, Bursa Announced on 4 Feb ...

Employees Provident Fund Board raises stake in Axis REIT (Press Release)

Employees Provident Fund Board acquired 1,000,000 units of securities of Axis REIT on 17 Jan, Bursa Announced on 23 Jan ...

Positive signs for 2019 Malaysian economy, says Knight Frank (Retalk)

There is a light at the end of the tunnel for the Malaysian property market in 2019, according to Knight Frank ...

Employees Provident Fund Board raises stake in Sunway REIT (Press Release)

Employees Provident Fund Board acquired 827,000 units of securities of Sunway REIT on 11 Jan, Bursa Announced on 15 Jan ...

W Hotel near Petronas Twin Towers for sale for RM360mil(US$87.88mil) (The Star)

W Hotel joins a list of other hotels for sale, with owner Tropicana Corp Bhd believed to be asking RM360mil(US$87.88mil) for it, according to sources. This translates to RM2.4mil a ...

Amanahraya Trustees Berhad raises stake in Sunway REIT (Press Release)

Amanahraya Trustees Berhad - Amanah Saham Bumiputera acquired 5,000,000 units of securities of Sunway REIT on 3 Jan, Bursa Announced on 7 Jan ...

Aspen completes acquisition of Penang land (The Business Times)

MALAYSIA developer Aspen (Group) Holdings has acquired approximately 45 acres of land in Bandar Cassia, Batu Kawan, Penang, Malaysia from Penang Development Corp at an aggregate consideration of RM98 million ...

Employees Provident Fund Board raises stake in Axis REIT (Press Release)

The Employees Provident Fund Board (EPF) has made two acquired transactions of Axis REIT on 27 Dec 2018, an additional 1,153,728 and 109,600 direct interest separately, Bursa announced on 02 ...

Amanahraya Trustees Berhad-Amanah Saham Bumiputera raises stake in Axis REIT (Press Release)

Amanahraya Trustees Berhad-Amanah Saham Bumiputera acquired 10,000,000 units of securities of Axis REIT on 26 December, Bursa Announced on 28 December ...

Knight Frank Malaysia appoints Johor Bahru branch head (RETalk)

Knight Frank Malaysia has announced the appointment of a new branch head, with former Capital Markets Manager Debbie Choy promoted to lead the Johor Bahru office. While Knight Frank Malaysia ...

Malaysia’s PRG to take up to 26.3% stake in Capital World for as much as S$16.5m(US$12m) (The Business Times)

CAPITAL World is raising up to S$16.45 million from Malaysia-listed manufacturing and property group PRG Holdings through the issuance of new shares and options at S$0.035 apiece ...

SimeProp to review prices of unsold units (The Star)

Sime Darby Property Bhd is looking at undertaking a tactical price review of its unsold units after net profit for the three months through September dropped 93% to RM28.8mil. The ...

Sunway Construction third-quarter net profit higher (The Star)

Sunway Construction Group Bhd’s (SunCon) net profit rose 8% to RM36.41mil in the third quarter ended Sept 30 from RM33.72mil in the corresponding quarter last year, driven by its construction ...

Malaysian Resources Corp Bhd to introduce shopping mall at Penang Sentral by 2020 (The Star)

Malaysian Resources Corp Bhd (MRCB) expects to introduce a retail shopping mall at Penang Sentral, an integrated northern region transportation hub project, by 2020. Chief operating officer of MRCB Properties, ...

Positive sentiment for retail property sector (The Star)

The retail property sector is still looking resilient despite the current market glut, in line with the performance of retail-based real estate investment trusts (REITs). AmInvestment Bank, having attended Rahim ...

Airport REIT likely to pay dividends about RM252 million (US$60.3m) annually (New Straits Times Online)

The government’s proposal to set up the world’s first airport real estate investment trust (REIT) is expected to be finalised between the second-quarter (Q2) and third-quarter (Q3) 2019. MayBank Iinvestment ...

Airport REIT likely to generate RM700mil a year(Star)

The proposed Airport Real Estate Investment Trust (REIT), the first of its kind in the world, is expected to generate more than RM700mil per annum. Announced during Budget 2019 last ...

Malaysia Airports falls 12% after govt proposed airport REIT (The Edge)

Shares in Malaysia Airports Holdings Bhd (MAHB) lost as much as 99 sen or 12% to RM7.26 so far today after Finance Minister Lim Guan Eng announced during Malaysia's Budget ...

Millions Of Sq Ft Office Space Coming Up In Klang Valley (The Star)

According to Jones Lang Wootton’s in-house research, a total of 13.332 million sq ft of office space, in the form of 33 office buildings, is scheduled to be completed in ...

Mitsui Outlet Park Opens 20 New Stores (The Star)

The Mitsui Outlet Park (MOP) Kuala Lumpur International Airport (KLIA), here, has broadened its outlet offerings with over 20 new stores, bringing the total to 170 stores. (The Star) ...

Sime Darby Property To Develop Malaysia’s Biggest Property Project Alone – Report (Edge Prop)

Sime Darby Property Bhd will be developing the 379,000-acre Malaysia Vision Valley (MVV) to the south of Kuala Lumpur on its own after a Memorandum of Understanding (MoU) inked with ...

KiP REIT Eyes More Acquisitions (The Star)

KiP Real Estate Investment Trust (KiP REIT) has plans to diversify their portfolio based on yield rate and is looking for further acquisition of third-party assets following its successful takeover ...

Millions Of Square Feet Of Office Space Coming Up In Klang Valley (The Star)

According to JLL’s research, a total of 13.332 million sq ft of office space, in the form of 33 office buildings, is scheduled to be completed in the Klang Valley ...

Revised Guidelines to Spur REITs’ Participation in Development Projects (The Star)

The revised guidelines which were effective in April allows for REITs to undertake property development activities that caps the investment value at 15% of the REIT’s total asset value. As ...

Hektar CEO Says Focusing on Improving Malls in Competitive Environment (The Star)

In light of the sluggish property market currently, retail-focused Hektar Real Estate Investment Trust (Hektar REIT) is concentrating on improving the malls within its portfolio to adapt to the changes ...

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Editors' Pick

Global REITs Down 4.5%, Asia Pacific Down 3.9% In January

By Patrick Ma, Director of Listed Products, Admiral Investments Feb 6, 2024 - Following a rally in the fourth quarter of 2023, the capital markets had a subdued start to ...

Australian REITs Shine in 2023, Singapore Was Second-Best Performing In Asia Pacific

By Patrick Ma, Director of Listed Products, Admiral Investments. Jan 3, 2024- Capital markets continued to ride on the prospect of lower US interest rates in December. Global equity markets ...

PGIM Expects Asia Pacific Real Estate Market Recovery in 2024

November 26, 2023 - The Asia Pacific real estate market outlook is stabilising, with the prospects of recovery starting in 2024. However, leasing fundamentals and capital market conditions will remain ...

Lippo Mall Indonesia Trust Q3 Net Property Income Down 6.6% to S$30.6 Million

Nov 9, 2023 - Lippo Malls Indonesia Retail Trust reported a net property income of S$30.6 million for the third quarter ended September 30, 2023, compared to S$32.8 million in the same period a ...
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