trending Market Intelligence /marketintelligence/en/news-insights/trending/0bB-IAlejZ97mcIm3GE49Q2 content esgSubNav
In This List

ESR, Axa IM, sovereign fund form JV for US$1B logistics property buy in Japan

Video

S&P Capital IQ Pro | Powering Your Edge

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Enterprises are missing out on 24B by not optimizing cloud spending not going multicloud


ESR, Axa IM, sovereign fund form JV for US$1B logistics property buy in Japan

ESR, Axa Investment Managers - Real Assets and a sovereign wealth fund are buying six newly completed prime properties in Japan for approximately US$1 billion through a newly established core investment vehicle.

The Warburg Pincus & Co.-backed Asia-Pacific logistics real estate platform and its partners formed the joint venture to acquire core stabilized logistics properties in the country, and will have access to ESR's in-house pipeline of properties developed by the company.

Built by ESR, the targeted logistics properties are in Tokyo and Osaka, according to a news release.