Post by M&G

We’ve continued to build our presence in Asia with a $126m investment in six residential assets in Tokyo, adding more than 320 homes across well-connected, established neighbourhoods. The acquisition reflects our long‑term approach to investing in the economy, focusing on assets that aim to deliver resilient income and sustainable growth for our clients. Residential living in major global cities remains an important part of that strategy. JD Lai, CEO and CIO of M&G Real Estate Asia, said: “Japan continues to stand out as an attractive residential market, particularly in Tokyo, where demand for well‑located rental homes remains strong.” With nearly 60% of our external assets now coming from international clients, our ambition is to strengthen our position in European and Asian asset management and this is another example of how we continue to grow our private markets capabilities globally. 🔗 Read more about the deal in the comments.