Aetos Capital offloads Simplex for $1.3b

The US fund sells Simplex to Japanese developer Hulic for ¥155 billion.

Aetos Capital offloads Simplex for $1.3b

US investment management firm Aetos Capital Real Estate said on Wednesday it has agreed to sell Simplex Investment Advisors Group to Japanese real estate operator Hulic for 155 billion $1.3 billion.

Simplex has a portfolio of 13 real estate assets, with a large exposure to central Tokyo. The company’s properties are a mixture of commercial office buildings, retail, and one official Tokyo Disney Resort hotel. The company also manages over 150 billion in assets...

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