MGPA acquires multi-office portfolio in Japan
MGPA, a private equity real estate investment advisory firm, has acquired eight office properties in Japan, with all but one located in Tokyo. The investment was channeled through MGPA Asia Fund III and took the form of commercial mortgage-backed securities.
The seven Tokyo properties represent 97% of the acquisition value, and five of those are located in Tokyo's central five wards. The portfolio has a total gross floor area of approximately 350,000 square...
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