(For related story click: [ID:nTOE68207P])
TOKYO/HONG KONG, Sept 10 (Reuters) - Foreign investors from the United States to Singapore have been actively acquiring Japan’s property assets as the Japanese real estate sector, now the world’s second largest, recovers.
Following is a list of key deals of foreign investors acquiring Japanese assets since late last year. All dollar figures are approximate due to exchange rate conversion: FOREIGN INVESTOR JAPAN ASSET DEAL SIZE ($) U.S. Fortress (FIG.N) Property-related loans 244 mln Germany SEB Asset Mgmt Shopping mall 118 mln Singapore Mapletree Logistics facilities 154 mln Deutsche Bank’s DBBKGn.DE RREEF Office building 56 mln Hong Kong’s HKR Int‘l (0480.HK) Apartments 40 mln Hong Kong’s Keck Seng Apartments 20 mln PLANNED DEALS: * U.S. Blackstone plans to acquire Morgan Stanley property loans worth $1.1 billion. [ID:nSGE66K0K3] * Singapore’s CDL Hospitality seeks acquisitions in Vietnam, India and Japan, with plans to invest up to $423 million in new hotels. [ID:nSGE67F0BS] * Mapletree Investments, a property firm owned by Singapore state investor Temasek Holdings [TEM.UL], plans to launch a Japan property fund worth nearly $1 billion. [ID:nTKB006989] * U.S. Franklin Templeton is raising $300 million for a real estate funds to invest in Asia, including Japanese property debt. [ID:nSGE67B03T] * Asia-focused fund investor Pacific Alliance Group expects to invest as much as $500 million in Japan for the next year or so from $200 million now. [ID:nTOE65D053] * LaSalle Investment Management plans to invest $3.3 billion in Japanese property over the next 18 months. [ID:nTOE65E063] SOURCES: Company, Japanese media (Reporting by Mariko Katsumura in TOKYO and Lee Chyen Yee in HONG KONG; Editing by Ken Wills and Valerie Lee) (See www.reutersrealestate.com for Reuters’ global service for real estate professionals)