24-06-2025
Daiwa Plans $690 Million Real Estate Fund as Japan Market Booms
Daiwa Securities Group Inc. plans to launch a real estate fund with two partners, tapping investor demand for a piece of Japan's booming property market.
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.