AXA IM Alts buys 33 multifamily assets in Japan for $460m

AXA IM Alts buys 33 multifamily assets in Japan for $460m

AXA Investment Managers has kicked off 2023 with the acquisition of 33 rental residential assets in Japan

AXA Investment Managers (AXA IM Alts), an alternative investment arm of the eponymous French insurer, has acquired 33 rental apartments in Japan for 420 million euros ($460 million) from institutional investors advised by JP Morgan’s real estate unit for Asia Pacific. 

Edited by: Joymitra Rai

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter