AXA IM-Real Assets acquires Nagoya residential tower in latest Japan deal

AXA IM-Real Assets acquires Nagoya residential tower in latest Japan deal

Mount Fuji and buildings in the Shinjuku district are reflected on a table at an observation deck in Tokyo, Japan. Photographer: Kiyoshi Ota/Bloomberg

AXA Investment Managers – Real Assets (AXA IM – Real Assets), the real estate fund management division of French insurer AXA, has purchased a 10-storey residential tower in Japan, marking the firm’s 13th acquisition in the country and fifth in the Nagoya residential market.