Savills IM has now disclosed that it invested €54m on behalf of the pan-Asian fund to buy 75% of the Forest Lakes mall. The residential portfolio, acquired from separate vendors for an undisclosed amount, comprises seven multifamily buildings and six master-leased dormitories.Īs previously reported, Savills IM and Greenpool Capital acquired Forest Lakes Shopping Centre neighbourhood shopping centre in Perth, Western Australia from DRH Property Investments for A$85.5m (€55m). The international real estate investment manager said it has acquired a 5,500sqm multi-tenant building in Greater Tokyo close to Yokohama Station and the 13-asset residential portfolio located across Greater Tokyo and central Fukuoka. Savills Investment Management’s €207m core-plus pan-Asian fund has made its first investments in the Japanese office and residential sectors with the acquisition of a Yokohama office and a 13-asset residential portfolio.
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