Aberdeen AM eyes Asia property sector after Tokyo JV
The firm launches a $400 million co-investment with GE Capital Real Estate to invest in residential real estate in Tokyo. It says more deals with alternative structures could be on the way.
Aberdeen Asset Management has launched a $400 million co-investment joint-venture vehicle with GE Capital Real Estate to invest in residential real estate in Tokyo.
Aberdeen manages about $1 billion in assets invested into Asia-Pacific real estate via a fund of funds approach, as well as through separate accounts, although outside the region it does run private equity property funds.
This is its first JV and Puay-ju Kang, who runs the firm’s regional property exposures with a te…
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