HomeTag M&G Real Estate

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This month, M&G Real Estate (the real estate fund manager for M&G Investments, a UK company that manages 33.5 billion pounds in assets) made a major purchase of Japanese real estate. It bought 12 residential properties, which are currently tenanted at nearly 100%. It bought these buildings in Fukuoka, Kyoto, Osaka, and the nation’s capital, Tokyo. It purchased properties in some of the most expensive parts of each city/metropolis. Prior to this purchase, it already...