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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments

St Martins makes debut Asia deal

Posted on 11 February 2009

From Privateequityrealestate.net: St Martins, the UK-based property vehicle for the Kuwaiti Investment Authority, has made its first move into Asia. The sovereign wealth fund has acquired a luxury 27-story high rise residential tower in central Tokyo for ¥13 billion ($142 million; €109 million), it said.

The Lietocourt Arx Tower is centrally located in Minato, Chuo-Ku, adjacent to Nihonbashi and Ginza, Tokyo’s business and retail district. …. Full Article: Source


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