Aberdeen Standard in Asia-Pacific real estate venture

Aberdeen Standard in Asia-Pacific real estate venture
06/06/2019 , by , in INTERNATIONAL

Aberdeen Standard Investments (ASI) has formed a joint venture with Sumitomo Mitsui Trust Bank to target the Japanese property market and other “mature” markets across the Asia-Pacific region.

The new venture will target investments in residential assets such as multi-family, senior housing, student accommodation and corporate housing. It will acquire newly-constructed properties, as well as older residential properties which have the potential to be renovated, repositioned or converted.

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