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Research | Apr 7, 2023
The average asking sales price for a 70-square-meter (754-square-foot) apartment in Tokyo’s 23 wards (23W) reached a record ¥69.77 million (US$530,057) in February, surpassing the previously recorded high from October 2022, according to data firm Tokyo Kantei, as reported by Japan Property Central.
Transactions | Apr 6, 2023
Elanor Investors Group has agreed to acquire 100 percent of Challenger’s A$3.4 billion ($2.3 billion) Australian real estate funds management business (CRE) for a maximum consideration of A$41.8 million ($28 million), and establish a broader strategic partnership between Elanor and Challenger.
Transactions | Apr 6, 2023
Savills Investment Management has sold a prime logistics property in Germany to Ofi Invest Real Estate, the real estate arm of Ofi Invest, the fifth-largest French asset management group. Financial terms were not disclosed.