Mapletree Investments Pte, the real estate unit of Singapore’s state investment firm Temasek Holdings Pte, said it plans to start this year a fund investing in business space in Japan.
The fund, which will be between 25 billion yen ($305 million) and 40 billion yen in size, will invest in property at the periphery of Tokyo’s central business district, said Terence Heng, general manager of Japan at Singapore-based Mapletree. It will also seek assets in Osaka and Nagoya, he said..............................................Full Article: Source
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