In today’s briefing:
- Asia Real Estate Tracker (18-Apr-2025): Morgan Stanley buys 50% of Frasers Aussie Shed Portfolio.
- Jeju Bank: Douzone Bizon Becomes Second Largest Shareholder
Asia Real Estate Tracker (18-Apr-2025): Morgan Stanley buys 50% of Frasers Aussie Shed Portfolio.
- Morgan Stanley purchases 50% stake in $380M Frasers Australian warehouse portfolio, expanding its real estate holdings.
- CapitaLand seeks $380M China Mall REIT listing in Shanghai, showing confidence in China’s retail market.
- China experiences moderate home price growth in March, with some cities showing signs of recovery after recent slowdowns.
Jeju Bank: Douzone Bizon Becomes Second Largest Shareholder
- On 18 April, it was reported that Douzone Bizon (012510 KS) will become the second largest shareholder of Jeju Bank (006220 KS).
- Douzone Bizon invested 57 billion won for a 14.99% stake in Jeju Bank. Through this investment, Douzone will aim to enhance the digital business of Jeju Bank.
- This deal is likely to positively impact Jeju Bank’s shares as this capital raise is used to further invest in ERP based banking that could further boost its sales.
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