SOFAZ Makes First Real Estate Investment in Japan

Posted on 09/23/2015

The State Oil Fund of Azerbaijan (SOFAZ) and Mitsubishi UFJ Trust and Banking Corporation together have acquired Kirarito Ginza in Tokyo for 52.3 billion JPY (US$ 435 million) from Elliott Advisors Asia Limited, a unit of hedge fund Elliott Management Corporation and Orix Real Estate, a unit of Orix Corporation (owner of Robeco). Orix and […]