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AXA Investment Managers - Real Assets enters Japanese residential market with three acquisitions download
AXA Investment Managers - Real Assets announces that it has led, on behalf of an AXA Insurance Company’s vehicle, the acquisition of three residential assets in Japan.
Tokyo Office Property Fund, advised by AXA Real Estate, completes the acquisition of two buildings in central Tokyo for €36 million (¥5.1 billion) download
AXA Real Estate Investment Managers announces that the Tokyo Office Property Fund has completed the acquisition of Kojimachi and Harajuku, for a total consideration of €36 million2 (¥5.1 billion).
The Bank of Japan’s (BoJ) decision to embark on a program of large-scale quantitative easing has significantly weakened the Japanese currency and following the yen’s depreciation, Japanese companies have preferred to restore margins rather than increasing market share.