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