Takara Leben REIT to sell three office buildings
REIT Takara Leben will sell three office buildings in Osaka City and Yamagata City. With these transactions, the REIT’s acquisition price-based AUM will be approximately 107.8 billion yen [$910 million]. ≫
CPPIB to invest in Japan with Mitsubishi Estate
Canada Pension Plan Investment Board (CPP Investments) will start investing in real estate in Japan in collaboration with the Mitsubishi Estate group. The initial equity is... ≫
NYK Line to build 10,000m2 complex near Onarimon Station in Minato-ku
Shipping company Nippon Yusen Kaisha (NYK Line) will reconstruct two buildings in Nishi-Shimbashi, Minato-ku, into a single rental building. Construction will start in April 2022 with completion slated for September 2024. ≫
GLP flagship logistics facilities opening in Tokyo metropolitan area
The business development of Alfalink, the flagship logistics facility brand of GLP Japan, has been shifted into high gear. The opening ceremonies were held one after the other for two bases in the Tokyo metropolitan area. ≫
Mitsui’s logistics REIT to acquire three properties for Y44.6bn
REIT Mitsui Fudosan Logistics Park (MFLP) will acquire three logistics facilities located in Yachiyo City, Chiba Prefecture, Osaka City, etc. for a total of 44. 6 billion yen [$380 million]. ≫
Hong Kong’s institutional investor acquires Asakusa hotel
Glory Temple GK, which is a special purpose company invested in by an institutional investor in Hong Kong, acquired a hotel in Hanakawado, Taito-ku. The seller was... ≫
Kansai Electric subsidiary acquires office building in Hatchobori, Chuo-ku
Osaka City's Kanden Realty & Development, which is a subsidiary of the Kansai Electric Power Company (KEPCO), acquired an office property in Hatchobori, Chuo-ku. The seller was... ≫
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WHAT'S IN THE MONTHLY REPORT: JANUARY 2022
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