Tokyo-headquartered real estate company Tokyu Land Corp. has plans to establish a global fund and REIT platform, offering international investors the opportunity to invest in real estate outside of Japan, reported Singapore-based outlet Edge Prop.
Masaoki Kanematsu, operating officer in charge of overseas business for TLC, said in the article, “We view our globalization as an absolute necessity, as most exciting growth opportunities lie beyond Japan. Our present strategy is to leverage the rising affluence in Asia, and the steady economic growth in the United States, to aggressively expand our geographical footprint by acquiring and developing offices and apartments in those cities.”
