KBC targets Japan

Euromoney Limited, Registered in England & Wales, Company number 15236090

4 Bouverie Street, London, EC4Y 8AX

Copyright © Euromoney Limited 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

KBC targets Japan

KBC Asset Management UK will launch a Japan fund to take advantage of perceived future growth prospects. The seven-year closed-ended fund will invest principally in office, retail and industrial market sectors in Tokyo, Fukuoka, Osaka, and other big Japanese cities.

The London manager has established a joint venture with well-known local Japanese real estate team MAC Investment Management.

With a target size of $1 billion, the fund has identified a seed portfolio of up to 25 assets that will be acquired during the first three years of the fund’s life. These targets are supported by strong structural expansion and trade development in the region.

Gift this article