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ESR, AXA IM and sovereign fund in logistics venture

JV acquires six facilities built by ESR - located in prime locations in Tokyo and Osaka - for US$1b


ASIA-PACIFIC logistics real estate platform ESR, AXA Investment Managers - Real Assets (AXA IM), and a major sovereign wealth fund have entered into a logistics joint venture, and have acquired for US$1 billion six logistics properties in Japan completed by ESR.

In a...

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