AXA IM Alts, a global leader in alternative investments with c. €188 billion of assets under management1 , announces that it has acquired €423 million (¥58 billion) of Japanese residential assets. The two separate transactions comprise a portfolio of twenty-nine multi-family residential assets and a portfolio of four student accommodation assets. Both acquisitions have been made on behalf of clients through AXA IM Alts, which is the leading real estate portfolio and asset manager in Europe2 .
The 1,482 unit multi-family portfolio comprises twenty-nine high-quality assets, all of which have been built in the last two years, with a high weighting to studio apartments. The majority of assets feature shared common facilities including auto-locking entrances, delivery boxes, and high-quality interiors. The portfolio is located in high density neighbourhoods within Greater Tokyo and Osaka, all of which have excellent transport links to the CBD….