ABN and Ajia launch Asian real estate platform
Partners will also bring Mistubishi on board for the first fund, focused on Japan.
ABN AMRO Asset Management has joined forces with Ajia Partners, a Hong Kong-based private investment company owned by high net-worth families in Asia, to establish Ostara Partners, a platform for a series of funds that will invest directly into Asian real estate. The first fund will focuse on Japanese suburban retail centres and includes Mitsubishi Corporation as a partner and co-investor in the fund.
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