UK-headquartered abrdn expands its real estate Japan business with the appointment of a head for the asset class locally as well as the commencement of a new investment mandate.
abrdn has expanded its real estate investment business in Japan through its local subsidiary, abrdn Japan, according to a statement. In line with the move, it has appointed Harumi Kadono as head of Japan real estate. The British firm has also commenced a new mandate to manage a residential portfolio in the country for Dutch pension investor PGGM.
«The Japanese market is pivotal to abrdn’s global business strategy. We are deeply committed to this market and continuously strengthen our local team to offer superior services and innovative investment solutions to both Japanese investors and those looking to invest in Japan,» commented abrdn Japan CEO Ken Yajima. «This expansion underlines our ambition to excel in the Japanese real estate market.»
