Patrizia Immobilien has launched a new fund with a target investment volume of €480m to €550m on behalf of Kenzo Japan Real Estate. Kenzo Capital Corporation is the the asset manager. The fund will provide German institutional investors with access to the Japanese residential real estate market. The fund has already made its first investments, including four prime assets in Tokyo, and identified an extensive pipeline of potential acquisitions. Kenzo Capital Corporation was established in 2008. This is its first investment fund dedicated to Japanese residential real estate for German institutional investors.
