BentallGreenOak to Invest $11 Billion in Japanese Real Estate
BentallGreenOak will accelerate real estate investments and hiring in Japan, joining a growing number of global firms that are betting money can be made as local companies offload property assets.
The Canadian firm plans to invest more than ¥1.6 trillion ($11 billion) in Japanese property through 2027, mainly in office buildings and hotels, according to BGO's Asia Chairman Fred Schmidt.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
44 minutes ago
- Bloomberg
Vanguard Seeks SEC Approval to Expand Tax-Busting Fund Design
Vanguard Group Inc., the investment giant famous for low-cost index funds, is seeking regulatory approval to expand its signature tax-saving fund structure — as anticipation grows that the Securities and Exchange Commission under Paul Atkins will soon embrace the design en masse. In a Wednesday filing with the regulator, the Jack Bogle-founded firm asked for permission to use its groundbreaking dual-share class design with actively managed strategies.
Bloomberg
an hour ago
- Bloomberg
Dollar Could Drop 10% in a Year, Says Tudor Jones
Paul Tudor Jones sees the US dollar dropping over the next year as short-term interest rates fall sharply, he said. He speaks on Bloomberg Open Interest. (Source: Bloomberg)
Bloomberg
an hour ago
- Bloomberg
Japan's Jera Finalizes 20-Year LNG Agreements With US Suppliers
Jera Co., Japan's largest power generation company, has reached agreements to buy as much as 5.5 million tons per year of liquefied natural gas from US suppliers. The 20-year deals include purchases by Jera from NextDecade Corp. and Commonweath LNG LLC, Chief Executive Officer Yukio Kani said in an interview. The company has also entered into non-binding agreements with Sempra Infrastructure LLC and Cheniere Marketing LLC.
