MUFG to launch $675m property fund, with eye on Japanese bargains

Financial group bets on long-term growth in Japan's real estate market

Like other leading Japanese banks, Mitsubishi UFJ Financial Group so far has focused on providing financing to property funds. (Source photos by Nikkei)

YUKI NAKAMURA

April 8, 2025 02:27 JST

TOKYO -- Mitsubishi UFJ Financial Group plans to invest around 100 billion yen ($675 million) in real estate over three years, as MUFG takes advantage of Japan's undervalued property market, Nikkei has learned.

The Japanese group will debut a fund with a 30 billion yen contribution from MUFG Bank, its flagship banking unit. It also will pursue external contributions to take total investments to 100 billion yen.