Nuveen acquires a Japanese multifamily portfolio

March 3, 2020
Share this Post: 

Nuveen, a property investment manager, has gone through its Asia Pacific Cities Fund to purchase a multifamily portfolio in Japan.

According to an IPE report, the multifamily portfolio comprises ten residential properties with more than 600 individual units located across Tokyo and Osaka, adding to the firm’s growing property assets in the country.

DealStreetAsia has reached out to Nuveen Real Estate via email and will update this article upon receiving responses.

Nuveen’s Asia Pacific Cities Fund focuses on 17 principal and progressive cities across the region, including Tokyo, Sydney, Brisbane, Singapore, and Seoul. The fund largely invests in office, retail, industrial, and residential assets.

The platform forms part of the firm’s global resilient series, which focuses on investing in high-quality assets in leading cities that are well-positioned in terms of long-term structural trends and possibly deliver attractive, risk-adjusted returns to investors.

In December, Nuveen Real Estate was reported to have raised more than $420 million for the Asia Pacific Cities platform from eight European investors, and another $60 million for its China Outlet Mall Fund.

Read more here

March 3, 2020

Subscribe to our mailing list to get news updates!

Enter your email address and get updates from Online Marketplaces.

Related News

Spanish Proptech Firms
Housfy Gets Funding and Casavo Expands as Spanish PropTech Market Heats Up

The Spanish PropTech market is heating up with two prominent companies in the market announcing positive news this week. Online...

Read More
Leboncoin Op 1
LeBonCoin Launches New Offering to Help Agents Win Sales Instructions

The French classifieds market leader LeBonCoin has today announced the launch of a new package for real estate agents. The...

Read More
Domain Data
Domain Acquires Data Services Provider Insight Data Solutions

Australian portal company Domain has today announced that it has agreed to acquire data services provider Insight Data Solutions (IDS)....

Read More
Carousell Ceo 1
Southeast Asian Classifieds Operator Carousell Bags $100M Round to Become Region's Latest Unicorn

The Singapore based classifieds operating company Carousell has announced that it has secured $100 million in financing. The latest investment...

Read More

Popular News