
Japanese property plays

Distressed investment in Japan is very much a real estate game and the opportunities are considerable – provided you can get a seat at the table. Long-term market participants are eying office buildings in major cities such as Tokyo and Osaka, aware that such assets usually generate stable cash flow from tenants but are currently struggling with re-financing problems.
Meguro Gajyoen, a hotel and office space in central Tokyo, is a classic example. Lone Star took over the property after the previous owner, Gashu, filed for bankruptcy protection in 2002, claiming JPY88.3...
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.