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Aetos to raise $1 bln to invest in Japan, China properties

Posted on 12 September 2012

Aetos Capital LLC, which has acquired $10 billion of assets in Japan and China, plans to raise $1 billion to invest in the two countries as it bets on distressed opportunities in Japan and housing demand in China.
New York-based Aetos plans to buy distressed debt and assets including office, residential and retail properties in Japan from banks that are seeking to recover their loan value, Managing Director Scott Kelley said in an interview in Tokyo. The fund will also develop apartments in second-tier cities in China, he said………………………………………..Full Article: Source

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