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.
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.