Japan Post last month announced a $3.6-b writedown on Australia’s Toll Holdings deal.
It also expects to have a licence to start providing home mortgages by July.
It will seek board approval to pursue opportunity next month.
The asset sale is said to be at a net initial yield of 4.45 per cent
Lum Chang has purchased residential units at One Tree Hill, CDL Hospitlaity REIT has acquired a Manchester hotel and Oxley Holdings has issued notes priced at US$100 million.
Funding is part of $100-million follow-up round.
Heitman targeted to raise $500 million for its first Asia-Pacific real estate fund.
10 properties with 1,900 units have been added this year
They hold over half the total investment made by sovereign funds globally
Godrej group said its board had approved the sale, subject to requisite approvals.