Asia Pacific CRE News
Commercial Real Estate News
JLL Advises Japan Hotel REIT Investment Corporation on ¥30.9 Billion Sale of The Beach Tower Okinawa
Cabot Properties Sells 2.4M SF Industrial Portfolio in Dallas-Fort Worth and Houston
Warburg Pincus and Kio Investment Management Expand Australian Living Sector JV to A$2.5 Billion Target
Ryman Hospitality Properties to Acquire Grande Lakes Orlando from Trinity Investors, Elliott Investment Management for $1.38 Billion
CPP Investments and HSI Form C$200 Million Joint Venture to Acquire Two Hilton Hotels in Brazil
CBRE Arranges Dual 7,000-SF Southern California Leases for Hasaki LLC's U.S. Retail Debut

Hawkins Way Capital and Varde Partners Acquire East Village Student Housing Property for $28 Million
Hawkins Way Capital and Varde Partners have acquired a student housing property at 81 East 3rd Street in Manhattan's East Village for $28 million in an off-market transaction. The deal expands Hawkins Way Capital's FOUND Study platform in one of New York City's most supply-constrained rental submarkets.

Megaworld's MREIT Approves PHP27-Billion Share Swap to Add Mall, Hotel, and Office Assets in Metro Manila
MREIT, the real estate investment trust sponsored by Megaworld, has approved a PHP27-billion property-for-share swap that will add mall, hotel, and office assets across Metro Manila. The deal, described as the largest REIT transaction of 2026, will bring MREIT closer to its target of 1 million square meters of gross leasable area.

ESR Group and Indonesia Investment Authority Break Ground on Two Grade A Logistics Facilities in Cikarang
ESR Group and the Indonesia Investment Authority have broken ground on two institutional-grade logistics developments in Cikarang, Greater Jakarta, expanding a partnership first established in 2023. The projects — ESR Cikarang Logistics Park 4 and ESR Cibitung Distribution Hub — are expected to deliver in 2027 and 2028, respectively.

TPG, Redfearn Capital and Partners Pay $628M for 53-Building Industrial Portfolio Across Seven States
A joint venture led by TPG and including Redfearn Capital, Atlanta Property Group and Matterhorn Venture Partners has acquired a 53-building, 5.4 million-square-foot industrial portfolio from DRA Advisors for $628 million. The deal, the largest to date between TPG and Redfearn Capital, spans seven states with roughly 75 percent of assets concentrated in Southeast markets.
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AEW, GMH Communities and Wexford Science & Technology Acquire Land for 382-Unit Mixed-Use Tower in Charlotte's Pearl Innovation District
AEW Capital Management has completed a land acquisition alongside GMH Communities and Wexford Science & Technology for ANOVA The Pearl, a 20-story, 382-unit luxury residential mixed-use tower within Charlotte's Pearl Innovation District. The development is targeted to open for occupancy in Summer 2028.

Kidder Mathews Brokers 151,451-SF Warehouse Lease for Marketech International Corporation in Phoenix's Deer Valley
Marketech International Corporation has finalized a lease for a 151,451-square-foot warehouse at 950 West Rose Garden Lane in Phoenix's Deer Valley submarket, with Kidder Mathews representing the tenant. The deal marks the fifth transaction Kidder Mathews has completed on behalf of the Taiwanese technology service provider, which supports Taiwan Semiconductor Manufacturing Company's expanding North Phoenix campus.