SUBSCRIBERS
3 Nomura Reits to merge to become Japan's biggest
Published Wed, May 27, 2015 · 09:50 PM
Tokyo
NOMURA Real Estate Master Fund Inc will merge with two other Nomura Reits to create the biggest real estate investment trust in Japan with 900 billion yen (S$9.8 billion) of assets.
The master fund will merge with Nomura Real Estate Office Fund Inc and Nomura Real Estate Residential Fund Inc on Oct 1, the trusts said in a statement on Wednesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Private home prices ease to 1.4% rise in Q1; rents fall a further 1.9%
Singapore office rents in central region fall 1.7 per cent in Q1 after rising for 9 quarters
Singapore retail rents slip 0.4% in Q1 as vacancy rates creep up
Country Garden plans to present debt revamp plan in H2, sources say
Hong Kong home prices rise for first time in 11 months after curbs scrapped
HDB resale prices accelerate, rising 1.8% in Q1 on stronger demand