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Ascott Residence Trust Invests JPY10.4 billion to acquire four rental housing properties and first student accommodation property in Japan - Vimarsana News

Ascott Residence Trust Invests JPY10.4 billion to acquire four rental housing properties and first student accommodation property in Japan

Ascott Residence Trust (ART) will invest about JPY 10.4 billion[1] (S$125.0 million[2]) to acquire four rental housing properties and its first student accommodation property in Japan. The yield-accretive acquisitions are set to increase ART’s pro forma FY 2021 Distribution per Stapled Security by approximately 1.7%[3]. The average NOI yield[4] is expected to be about 4.0%. The five properties will be acquired on a turnkey basis from two different sellers on a willing buyer and willing seller basis. The transactions are expected to be completed between 1Q 2022 and 2Q 2023.

Age of enlightenment: an introduction to early Japanese Buddhist art - Vimarsana News

Age of enlightenment: an introduction to early Japanese Buddhist art

Learn about collecting fine art, jewelry, wine, decorative objects and more with the Art People at Christie's.

'Anime no Tane' Animator Training Program Unveils Stories, Visuals for 2022's Projects - Vimarsana News

'Anime no Tane' Animator Training Program Unveils Stories, Visuals for 2022's Projects

Imagica Digitalscape, Studio Elle, Production +h., Lesprit create 4 anime shorts

"We must do better than 1,000 Trees" - Vimarsana News

"We must do better than 1,000 Trees"

At Thomas Heatherwick's recently opened 1,000 Trees, the carbon costs outweigh the environmental benefit, says Philip Oldfield.

Source: dezeen.com
The biggest architecture project completions and openings of 2021 - Vimarsana News

The biggest architecture project completions and openings of 2021

2021 was the year many long-delayed high-profile projects finally managed to come to a close, overcome additional pandemic-induced delays carried over from 2020, take remaining certification hurdles, and swing their doors open to the anticipating (and sometimes locked down) public. From the...