Reported about 20 hours ago
Morgan Stanley is reportedly raising approximately 100 billion yen (around $684 million) for a Japan-focused real estate fund as interest in property increases, coinciding with the country's emergence from years of economic stagnation. Set to close in June, the fund will concentrate on major urban offices, residential properties, logistics, and hotels, amid a resurgence in real estate prices and growing competition among global asset managers looking to invest in Japan's recovering market.
Source: YAHOO