JAPAN - Cordea Savills, the European property fund manager, has set up a joint venture fund management company with the Japanese trading house, Mitsui & Co Ltd, and Japanese fund manager, Kenedix Inc, to create property funds for Japanese investors.
The first fund to be launched, the MBK UK Office Property Trust, will invest in office buildings in central London. The fund will be a Jersey property unit trust with a 10 year life. Mitsui, ...
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