Care homes are an attractive and popular investment
AXA IM Alts, an arm of the French insurance company AXA, has made its first investment in the Japanese care home market with a 153 million euro portfolio acquisition. The investor bought a portfolio of 15 nursing homes for 21.9 billion yen, becoming the latest global investor to acquire senior living assets in the country with Asia’s oldest population. The portfolio totals over 800 beds in Tokyo, Osaka, and Aichi, with 14 of the 15 properties constructed after 2013.
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