Daiwa Plans $690 Million Real Estate Fund as Japan Market Booms
The Japanese brokerage will collaborate with Osaka-based developer Samty Holdings Co., and fund manager Hillhouse Investment, according to Daiwa's Masatsugu Oishi. It aims to raise ¥100 billion ($690 million) via a private fund for domestic and overseas institutions, said Oishi, who is general manager of asset management strategy.
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