(AFX UK Focus) 2010-05-25 08:59 Kenedix to set up $110 mln Japan property fund

Posted by property | Posted in Real Estate | Posted on 25-05-2010-05-2008

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(AFX UK Focus) 2010-05-25 08:59 Kenedix to set up 0 mln Japan property fund
TOKYO, May 25 (Reuters) – Japanese real estate asset manager Kenedix Inc said on Tuesday that it plans to launch a 10 billion yen (0.8 million) private fund to invest in Japanese office and commercial buildings, in the latest sign that the country’s property market is picking up. Kenedix said the new fund, with a five-year management period, would use capital acquired from Korean pension …
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