Tag Archives: Japan Property

Straits Real Estate makes maiden entry into Japan residential market

THE Straits Trading Company’s subsidiary, Straits Real Estate, has entered into a conditional purchase and sale agreement with Osaka-based developer Chinju Co to acquire three residential buildings located in Central Osaka for 6.2 billion yen (S$76.8 million). Completion of the … Continue reading

Posted in General, Overseas Property | Tagged , | Leave a comment

GIC buys prime Tokyo office space valued at S$2 billion

GIC has acquired the office component of Pacific Century Place Marunouchi in Tokyo, Singapore’s sovereign wealth fund announced in a press release on Tuesday (Oct 21). While GIC did not announce the cost, Reuters had earlier quoted sources as saying … Continue reading

Posted in General, Overseas Property | Tagged , , , | Leave a comment

Not expensive to invest in Japanese real estate

Japan has been grossly misunderstood to be a high-cost country. Most Singaporeans have the impression that taxes, food, real estate, and so on, are much more expensive in Japan than at home. At the very top end, the kaiseki ryori … Continue reading

Posted in General, Overseas Property | Tagged | Leave a comment

Not expensive to invest in Japanese real estate

Japan has been grossly misunderstood to be a high-cost country. Most Singaporeans have the impression that taxes, food, real estate, and so on, are much more expensive in Japan than at home. At the very top end, the kaiseki ryori … Continue reading

Posted in General, Overseas Property | Tagged | Leave a comment

Ascendas Hospitality to buy Osaka hotel for S$110.8m

Ascendas Hospitality Trust has agreed to buy the Osaka Namba Washington Hotel Plaza in Osaka, Japan for 8.9 billion yen (S$110.8 million) in a deal that would diversify its portfolio and boost returns. The purchase price that will be paid … Continue reading

Posted in General, Overseas Property, REITS | Tagged , , | Leave a comment

Big investors target Japan’s logistics properties

Some of the world’s biggest institutional investors, including Singapore’s Global Logistic Properties (GLP), are snapping up more and more Japanese real estate. The reason? Not Abenomics but the massive shortage of modern warehouse facilities that has resulted in very low … Continue reading

Posted in General, Overseas Property | Tagged , | Leave a comment

New Millennium hotel planned in Tokyo’s Ginza district

Millennium & Copthorne Hotels (M&C) made its first investment in the Japanese hotel market. Its wholly-owned subsidiary, CDL Hotels has bought a property in the Ginza district of Tokyo for 9.5 billion yen (73.6 million pounds). The M&C said it … Continue reading

Posted in General, Hotel, Overseas Property | Tagged , , | Leave a comment

Giving Tokyoites their balconies back

One day when Mr Theodore Jennings looked out from his ninth-floor penthouse at the sea of residential high-rises that fill his Shinjuku neighbourhood, he had a sudden realisation. There were hundreds of balconies, lined with laundry or rubbish bins, but … Continue reading

Posted in General, Overseas Property | Tagged , | Leave a comment

Mapletree to acquire S$16.2m warehouse in Japan

Mainboard-listed Mapletree Logistics Trust said on Tuesday it was buying a warehouse facility in Japan for some S$16.2 million. It signed a sale and purchase agreement to acquire Toki Logistics Centre from Hamakyorex, a third-party logistics company in Japan. Under … Continue reading

Posted in General, Overseas Property, REITS | Tagged , , , , | Leave a comment

IPC buys 77-unit Tokyo condominium project for S$21m

Mainboard-listed IPC Corporation has bought a 77-unit uncompleted condominium project in Tokyo for about S$21 million. IPC said it has also agreed to pre-sell the units to two unnamed Japanese real estate companies when the project, named Uraga, is completed. … Continue reading

Posted in General, Overseas Property | Tagged , , , | Leave a comment