Part of the credit goes to younger people with foreign experience, as well as the influence of Chinese buyers flooding into Japan these days. It also reflects changing values about what constitutes ... ( read original story ...)
CLI acquires four properties in Southeast Asia
CapitaLand Investment Limited (CLI) has acquired four properties in Southeast Asia. The latest acquisitions include two industrial properties in Singapore by Extra Space Asia, the Asia-focused ... ( read original story ...)
China’s Property Bubble Bust Is Beginning To Look Like Japan’s
China's slide into deflation came when Japan was snapping out of it. In the third quarter of 2023, Japan's residential property price index rose at an annual rate of 2.4%, following an even more ... ( read original story ...)
Osaka aims to return to top – inspired by daughter Shai
Former world No.1 Naomi Osaka believes she can get back amongst the top spots in the rankings by the end of the year as the Japanese player draws inspiration from being a new mum. Sign up for our ... ( read original story ...)
Activist fund Elliott targets Japan’s biggest property group
Elliott Management is calling for Japan’s biggest property group, Mitsui Fudosan, to launch a ¥1tn ($6.8bn) share buyback as the US activist fund targets the most prestigious end of the Tokyo stock ... ( read original story ...)
UPDATE 1-Elliott Management targets Japan’s biggest property group Mitsui Fudosan -FT
U.S. activist fund Elliott Management has called on Japan's biggest property group Mitsui Fudosan to launch a 1 trillion yen ($6.74 billion) buyback, the Financial Times reported on Monday. Elliott's ... ( read original story ...)
Elliott Management targets Japan’s biggest property group Mitsui Fudosan – FT
Feb 5 (Reuters) - U.S. activist fund Elliott Management called on Japan's biggest property group Mitsui Fudosan (8801.T), opens new tab to launch a 1 trillion yen ($6.74 billion) buyback, the ... ( read original story ...)
Japan’s Aozora Bank loses one-third of its value on US office property losses
The lender said it would have its first loss in 15 years because of bad loans tied to US office property. Read more at straitstimes.com. ( read original story ...)
Move over China! Japanese investors head to Dalal Street with big money
In contrast, flows into Chinese shares dropped the most among 14 emerging markets that are covered by Japan’s data on international investment positions. ( read original story ...)
Data centre S-Reits positive about riding AI wave
THE exponential progress of artificial intelligence (AI) and machine learning is expected to create unprecedented demand for global data centres, noted JLL in its Data Centers 2024 Global Outlook. ( read original story ...)
Tokyo Electron leases 99K sf in Stream’s RiverSouth office building
Tokyo Electron has leased almost 99,000 square feet in Stream Realty Partners’ RiverSouth office building in Austin. ( read original story ...)
Uneven path to finish Evergrande’s abandoned housing in Chinese city
In the heart of the northern Chinese city of Shijiazhuang, a fence displaying the slogan "Happy Every Day" hides an unfinished apartment complex, a daily reminder of the unresolved costs of the ... ( read original story ...)
Japan Insurers Fall After Aozora Bank Sparks US Property Concern
Japanese insurers fell on concern over their exposure to US commercial real estate, after panic selling in lender Aozora Bank Ltd. brought investor attention to risks in other companies. Dai-ichi Life ... ( read original story ...)
Japan’s Aozora Loses 33% of its Value in Two-Day Stock Meltdown
Japanese lender Aozora Bank Ltd. plunged for a second straight day after saying it would have its first loss in 15 years because of bad loans tied to US property. Most Read from BloombergDonald Trump ... ( read original story ...)
Nursing home acquisitions lift Parkway Life Reit’s H2 DPU by 2.1%
RECENT acquisitions of nursing homes lifted Parkway Life Reit’s distribution per unit (DPU) by 2.1 per cent to 7.48 cents, for the six months ended Dec 31, 2023. Read more at The Business Times. ( read original story ...)
Japan’s Aozora Bank tanks on U.S. property loan losses
Japan's Aozora Bank on Thursday flagged its first annual net loss in 15 years as it took massive loan-loss provisions for U.S. commercial property, sending its shares down more than 20%. ( read original story ...)