Deals
EGW Buys Tokyo Tower for $265 Million With Korean Investor Funds
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EGW Asset Management Inc., which manages about 200 billion yen ($1.8 billion) in assets, said it has acquired an office building in central Tokyo for about 30 billion yen.
The asset manager bought Shinagawa Seaside TS Tower, a 23-story office building, on behalf of an unidentified South Korean institutional investor who is investing in Japan’s real estate market for the first time, the company said in an emailed statement.