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Asia Real Estate Tracker (21-Apr-2025): Mapletree sells Scotland student housing.
SUMMARY
- Mapletree, a real estate firm, has sold Scottish student housing to a Dutch fund manager, expanding its international portfolio.
- Shanghai office rents have decreased for the 12th consecutive quarter, reflecting a downward trend in the local real estate market.
- Central Tokyo office rents have increased due to rising construction costs, impacting rates for new supply and attracting investor interest.
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