abrdn plc, a global investment company, announced the expansion of its real estate investment business in Japan through its subsidiary, abrdn Japan Limited. This strategic move is marked by commencing a new investment mandate to manage a residential portfolio in Japan.
The investment mandate is managed by abrdn Japan for Dutch pension investor PGGM. In alignment with this expansion, abrdn Japan has appointed Harumi Kadono as head of Japan real estate.
“The Japanese market is pivotal to abrdn’s global business strategy,” said Ken Yajima, CEO at abrdn Japan. “We are deeply committed to this market and continuously strengthen our local team to offer superior services and innovative investment solutions to both Japanese investors and those looking to invest in Japan. This expansion underlines our ambition to excel in the Japanese real estate market."
