According to an executive of Japan's largest banking group, Mitsubishi UFJ Financial Group, the group plans to launch a fund of 100 billion yen to invest in Japanese real estate. This is the latest case of a Japanese real estate fund issuance this year. Due to rising real estate prices, the central bank hopes to further raise interest rates from a level that is still very low. This fund is different from the real estate fund jointly announced by MUFG and Mitsubishi UFJ Trust Bank in April. The latter aims to invest 100 billion yen in real estate within three years; Mitsubishi Uchida Real Estate Asset Management President Naoki Uchida said, “In a world where interest rates are rising, investors' expectations for returns are also rising. Naoksu Uida, president of Mitsubishi UFJ Real Estate Asset Management, said the fund will be the company's second-largest fund, targeting underperforming assets to make them more attractive. Uchida said in an interview that the fund will focus on mid-sized office buildings, residential properties, and hotels in Tokyo, Osaka, and Nagoya. The fund will raise around 300 billion yen from institutional investors such as life insurance companies, banks, and companies, with the rest being funded through debt.

According to an executive of Japan's largest banking group, Mitsubishi UFJ Financial Group, the group plans to launch a fund of 100 billion yen to invest in Japanese real estate. This is the latest case of a Japanese real estate fund issuance this year. Due to rising real estate prices, the central bank hopes to further raise interest rates from a level that is still very low. This fund is different from the real estate fund jointly announced by MUFG and Mitsubishi UFJ Trust Bank in April. The latter aims to invest 100 billion yen in real estate within three years; Mitsubishi Uchida Real Estate Asset Management President Naoki Uchida said, “In a world where interest rates are rising, investors' expectations for returns are also rising. Naoksu Uida, president of Mitsubishi UFJ Real Estate Asset Management, said the fund will be the company's second-largest fund, targeting underperforming assets to make them more attractive. Uchida said in an interview that the fund will focus on mid-sized office buildings, residential properties, and hotels in Tokyo, Osaka, and Nagoya. The fund will raise around 300 billion yen from institutional investors such as life insurance companies, banks, and companies, with the rest being funded through debt.