Brief: Patrizia Signs Strategic Partnership With Major Asian Institutional Investor

Patrizia SE

15/11/2022 07:42

Nov 15 (Reuters) - PATRIZIA SE  PATGn.DE :
    * SIGNS STRATEGIC PARTNERSHIP WITH MAJOR ASIAN INSTITUTIONAL
INVESTOR TO INVEST UP TO JPY 150BN (C. EUR 1BN) IN JAPANESE REAL
ESTATE
    * DEDICATED FUND WILL TARGET CORE PLUS AND VALUE ADD
RESIDENTIAL
OPPORTUNITIES IN TOKYO AND OTHER KEY CITIES AND METROPOLITAN
AREAS IN JAPAN
    * STRATEGIC PARTNERSHIP ACCELERATES PATRIZIA TOWARDS
ACHIEVING ITS
MID-TERM GROWTH AMBITION IN JAPAN OF JPY 300BN AUM (C. EUR 2BN)
    * AIMS TO SIGNIFICANTLY INCREASE ITS AUM IN JAPAN AND
ACCELERATE
COMPANY TOWARDS ITS MID-TERM GROWTH AMBITION OF JPY 300BN (C.
EUR 2BN) OF JAPANESE AUM BY 2027

Source text for Eikon:  ID:nEQ11H9tba 
Further company coverage:  PATGn.DE 
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