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

Zillow Green Shoots
Finally Some Good News for Zillow! Homes Sell-off Going Well and Company to Buy Back $750m Worth of Shares

Zillow has been taking a battering recently. Since revealing its decision to wind down its iBuying business along with a...

Read More
Zillow No Sale
Zillow Reneges on Pledge and Cancels 400 Offers Contracts

According to local press reports from Phoenix Arizona, Zillow's iBuying division is cancelling agreements to buy around 400 homes and...

Read More
Portal Products We Like Edited
7 Great 'Under the Radar' Property Portal Products

At OnlineMarketplaces we get sent a lot of press releases around new portal products and, if we're being honest, sometimes...

Read More
Rentpay Skyline
Rent.com.au Signs Agreement to Have Leading Rentals Agency Promote its End-To-End RentPay Product

Australian rental portal and end-to-end specialist Rent.com.au has announced that it has signed an agreement with prominent rental management agency...

Read More

Popular News