Asia-Pacific

Blockbuster plans to develop data centers in Tokyo and Osaka will increase capacity as well as competition in the power- and land-strapped country.

Highly competitive pricing in Tokyo has led to growing interest in Osaka, Nagoya and Fukuoka, especially where there are demographic tailwinds.

The long-serving executive will officially leave ARA at the end of the month as part of the firm’s plan to integrate with its parent company ESR Group.

But a spotlight still shines on multifamily.

Panelists at PERE's Global Investor Forum were all in agreement that climate issues maintain real estate's biggest challenge.

Link REIT has been actively diversifying its portfolio outside Hong Kong including a recent partnership with Oxford Properties in Australia.

With a value-add strategy, the firm's flagship fund ARA Real Estate Partners Asia II is understood to have been fully deployed in 2021.

The German insurer has appointed the former global head of real estate at Korea’s National Pension Service to stabilize its real estate business in Asia following a period of fast growth.

The Australian firm also plans to make new hires to bolster its third-party capital management and fundraising capabilities in opportunistic real estate.

The quarter saw the close of four $1bn-plus mezzanine/debt funds, which accounted for a bulk of the capital raised during this period.