CapitaLand divests two malls Circa JPY 42 billion and invests JPY 7.5 billion in second logistics asset in Japan to grow in new economy sector
CapitaLand will invest about JPY 7.5 billion1 (S$90.8 million2) to fully acquire a freehold site and develop a four-storey modern logistics facility in Ibaraki City, Osaka, Japan. This is CapitaLand’s second logistics development in Japan.
ESR Kendall Square REIT adds US$94.2 million Yongin BRIC logistics asset to portfolio
ESR Kendall Square REIT (the “REIT”; 365550 KS) has successfully completed another acquisition of a recently completed mixed-use logistics facility for US$94.2 million (or KRW 103 billion). This acquisition comes on the heels of last week’s successful drop down of the 11th asset “Anseong LP”....
ESR Kendall Square REIT adds US$145 million logistic asset to portfolio Korea
Korea’s #1 industrial real estate investment trust, ESR Kendall Square REIT (365550 KS), has completed the acquisition of a modern logistics facility in greater Seoul suburban market for US$145 million (or KRW 160 billion).
Ascott Residence Trust acquires 3 rental housing properties in Japan for JPY 6.78 Billion
Ascott Residence Trust (ART) has entered into agreements to acquire three freehold rental housing properties in central Sapporo for a total of JPY 6.78 billion (S$85.2 million1) to expand its rental housing portfolio in Japan.
Maxwell House Singapore Sold for $276.8 million Cushman and Wakefield
Maxwell House sold enbloc for $276.8 million. Brokered by Cushman & Wakefield, this is the first full commercial collective sale site and largest by value sold to- date this year.
CBRE Hong Kong Advises on Weave Living’s Acquisition of En-Bloc Residential Building in Mid-Levels West for HK$295 Million
CBRE Hong Kong Capital Markets team has advised on the acquisition of an en-bloc residential building in Mid-Levels West by Weave Living for HK$295 million, which is set to deliver new accommodation offerings to the traditional high-end residential district.
Mediacorp’s Andrew Road Site Sold for S$280.9 Million to PRE 10 Singapore
PRE 10 an entity which will be jointly owned by Perennial Real Estate Holdings and Mr Kuok Khoon Hong Winning Bid Price Outperforms in a Closely Contested Tender Exercise for the Former Caldecott Broadcast Centre Site, Marketed by CBRE and Showsuite.
Singapore’s Sun Venture buys Landsec 1 & 2 New Ludgate £552m one of worlds largest deals 2020
In one of the largest global cross border deals of 2020 Landsec is pleased to announce that it has exchanged contracts to sell 1 & 2 New Ludgate sold to Sun Venture for a cash consideration of £552m in a transaction that demonstrates the strong investor demand for high quality London assets...
