Hines buys Yokohama office as first Japan investment
Major U.S. real estate company Hines acquired an office building with a gross floor area of approximately 50,000 m2 in Kanagawa-ku, Yokohama City. This is the company’s first investment in Japan. The seller was... ≫
Mitsubishi’s private REIT acquires apartment building in Meguro-ku
Nippon Open Ended REIT acquired a rental apartment in Nakacho, Meguro-ku. The seller was... ≫
Pasona to exclusively lease Avex Building in Aoyama
Staffing company Pasona Group will lease Avex Building in its entirety in Minami-Aoyama, Minato-ku. ≫
Systems integrator JSOL leasing 2,200 tsubos in new Kudan building
JSOL, a systems integrator, will relocate its Tokyo Head Office to tentatively-named Kudan-Minami Itchome Project, which will be completed in 2022. JSOL, the shares of which are held by NTT Data and Japan Research Institute, collectively handles operations from system construction to outsourcing. ≫
Diamond Realty Management forms U.S. logistics development fund
Chiyoda-ku based Diamond Realty Management (DREAM), which is a subsidiary of trading firm Mitsubishi Corporation, formed DREAM US Fund 4. This is the fourth fund in the series which provides investment opportunities in real estate development projects in the U.S. to Japanese institutional investors. ≫
Mitsui & Co. undertakes Saitama warehouse asset management
Mitsui & Co., Realty Management of Chiyoda-ku was entrusted with the asset management of a logistics facility in Hasuda City, Saitama Prefecture. ≫
APL receives Y3.6bn for energy-saving renovation
General incorporated association Real Estate Sustainability & Energy-Efficiency Diffusion (Re-Seed) invested around 3.6 billion yen [$31 million] in a special purpose company of Asia Pacific Land (APL), which owns the retail facility Coaska Bayside Stores (formerly Shoppers Plaza Yokosuka) in Yokosuka City, Kanagawa Prefecture. ≫
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WHAT'S IN THE MONTHLY REPORT: DECEMBER 2021
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