Carlyle said its acquisition will help stabilise the operations of the properties, which are assisted living facilities for the elderly, and that it is committed to continuing to extend quality care to the residents.
Carlyle Asia Real Estate Partners will buy the assets from the Goodwill Group which is an investment holding company with stakes in a wide range of businesses. It is owned 29% by Origuchi Soken, 8.6% by UBS and 7.2% by Morgan Stanley.
The facilities are all located in central Tokyo and comprise a total of 346 units at...
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