SilkRoad Property enters Japan with $145m in acquisitions

Singapore real estate investor's purchases include central Tokyo office building

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SilkRoad Property Partners sees opportunity in Japanese real estate. (Source photos by AP and logo from Silkroad property partner website)

PIMFHA CHAN, DealStreetAsia

BANGKOK -- Singapore real estate investor SilkRoad Property Partners has completed the purchase of six assets in Tokyo at a total acquisition value of 19.5 billion yen ($145 million) as it looks to establish a presence in Japan.

As part of the third installment of its pan-Asian value-add fund series, Silk Road Asia Value Partners II (SAVP II), the fund manager has added an office building in central Tokyo and five multifamily properties in major commuter cities in Greater Tokyo, according to a company statement.

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