M&G Real Estate adds 12 properties to Japan portfolio
This latest acquisition comprises residential properties located in prime districts in Tokyo, Osaka, Kyoto and Fukuoka
Add BT as a preferred sourceSingapore
M&G Real Estate - the real estate fund management arm of M&G Investments - has acquired a residential portfolio of 12 properties in Japan, it announced in a news release on Wednesday. It did not state what the deal was worth.
This is its second residential portfolio acquisition in Japan this year, after it bought three properties in Kobe and Nagoya for a total of US$57 million in October. The latest portfolio - comprising residential properties that are almost fully occupied - are located in prime districts in Tokyo, Osaka, Kyoto and Fukuoka, M&G Real Estate said.
TRENDING NOW
China narrows AI gap with US as open-source shift could hit valuations: George Yeo
‘So little’?: Why critics of Temasek’s 10.5% returns in a bull run are getting it wrong
Samsung, SK Hynix and leveraged ETFs drive 70% of Korea trading, drawing criticism
Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects
