Aberdeen, Sumitomo Mitsui launch multi-family Japan JV
The UK-based fund manager and Japanese trust bank have partnered on a joint-venture that aims to buy and improve multi-family buildings, a relatively novel approach in Japan.
Aberdeen Standard Investments (ASI) has teamed up with Sumitomo Mitsui Trust Bank (SMTB) to create a real estate joint venture that will seek hundreds of millions of dollars from asset owners to target Japanese multi-family residential buildings, AsianInvestor can reveal.
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