While many Chinese investors have looked to acquire Japanese office buildings and apartments as the yen has weakened – including conglomerate Anbang Group which is in talks to buy 200 residential properties from Blackstone Group for US$2.3 billion – Hong Kong-based Look’s Asset Management is taking a different approach.
The fund house has sensed there are major opportunities in Japan, due to a lack of hotel rooms amid a tourism boom in the country, and aims to buy dozens of…
Source : South China Morning Post
Read more…Hong Kong asset manager turns his attentions to buying short-stay apartments in Japan
