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CapitaLand Investment acquire multifamily assets in Osaka

Osaka is moving into the focus of foreign investors in Japan: Singapore’s CapitaLand Investment has agreed to buy six rental housing assets in Osaka for S$141.4 million ($105.9 million). This deal marks the first multi-family acquisitions for the firm’s flagship regional core-plus fund. The projects are to be completed in phases from May 2023 to June 2024. Earlier, the Ascott unit of CapitalLand hat acquired the global serviced apartment provider Oakwood in 2022. The picture shows Oakwood Hotel & Apartments Azubu in Tokyo which opened in January 2022.

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