Why instos are eyeing Japanese multi-family properties

The double whammy of a global health crisis and a rapidly ageing population has not dampened institutional investors’ interest in Japanese real estate, and particularly multi-family residential assets.  Several international institutional investors have conducted acquisitions in the property sub-sector, including Allianz’s joint real estate vehicle, which it had established with The National Pension Service of Korea on June 29. The $2.3 billion fund snapped up $160 million worth o…