Hines appoints new Japan country head
Hines has appointed Jon Tanaka as senior managing director / country head in Japan. Jon Tanaka will oversee new business initiatives throughout the country alongside...
China GDP slowdown unlikely to weigh on CRE investment demand: CBRE
Despite GDP growth slowing to 4.9% y-o-y in Q3 2021, China’s commercial real estate (CRE) market continues to see a robust cyclical recovery, according...
ESR raises US$750m in initial closing for ESR Japan fund
ESR Cayman Limited Thursday announced the initial closing of ESR Japan Income Fund (JIF) endowed with US$750 million of equity commitments. The newly-launched fund is...
UniSuper, Cbus invest A$2.2bn in Australian retail assets
AMP Capital Wednesday said UniSuper and Cbus Property have partnered with AMP Capital in the AMP Capital Retail Trust (ACRT). According to a statement...
CPP Investments commits C$1.3bn to GLP Japan development fund
Canada Pension Plan Investment Board (CPP Investments) has committed JPY 110 billion (C$1.3 billion) to the newly established GLP Japan Development Partners IV (GLP...
GLP raises $2.7bn for largest ever Japan private real estate fund
GLP has raised JPY311 billion ($2.75 billion) for GLP Japan Development Partners IV, the largest ever Japan-focused private real estate fund to date, exceeding the JPY250...
AXA IM Alts sells new office building in Tokyo
AXA IM Alts has sold its newly completed a c. 4,000 sqm office building in Roppongi in Tokyo, Japan to a Korean-based investment and...
Equinix, PGIM Real Estate form JV for data center investment in Australia
Equinix, Inc. and PGIM Real Estate Monday announced an agreement to establish a US$575 million joint venture in the form of a limited liability partnership to develop and...
Asia Pacific prime office markets see uneven recovery: Knight Frank
Global property consultancy firm Knight Frank has released its Asia Pacific Prime Office Rental Index for Q3 2021. The index saw a 0.3% quarter-on-quarter decrease, and a...
GPT buys logistics portfolio for A$682m
Australia-based real estate company GPT Group has acquired a portfolio from Ascot Capital, comprising 23 logistics assets and one office asset for A$681.7 million. The...