M&G Real Estate, part of M&G’s $109 billion private markets business, has acquired six residential assets in Tokyo, investing JPY 19.4 billion ($122 million) on behalf of the M&G Asia Property strategy and the M&G Asia Living Property strategy. The acquisitions expand M&G’s residential portfolio in Tokyo and increase its exposure to a sector providing resilient income and long-term growth potential, reflecting its continued focus on high-quality residential assets in major global cities.
Japan’s residential market — particularly in Tokyo — continues to stand out, with limited new supply, rising construction costs and steady population growth in major urban centers supporting rental demand. These dynamics make the sector an attractive source of resilient income and long-term value.
The six properties are located across established Tokyo neighborhoods with strong transport links and access to employment hubs and everyday amenities. Together,
