M&G Real Estate Asia has acquired Frontier Shinjuku Tower, a premium high-rise, multi-family property located in Nishi-Shinjuku, Tokyo for approximately JPY 30 billion ($202.5 million). The acquisition was made on behalf of M&G’s Targeted Strategy, which invests in value-add opportunities.
“Amidst the evolving landscape post-pandemic and adjustments in the interest-rate environment, we are strategically expanding our direct value-add investments to cultivate higher returns for our investors,” said Martin Seol, head of targeted strategy at M&G Real Estate Asia. “The acquisition of Frontier Shinjuku Tower exemplifies our commitment to this strategy.
“We are keenly focused on sectors such as residential – including s
