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

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise

Blog

FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


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.