


| Blackstone sells 80 Japan condos to Allianz for $1.2bn |
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TOKYO -- German insurer Allianz is making its first large-scale property investment in Japan, spending about 130 billion yen ($1.21 billion) to buy roughly 80 rental condominiums in Tokyo and Osaka from U.S.-based Blackstone Group. The purchase will be made by Allianz Real Estate, which seeks to expand its portfolio beyond Europe and into Asia.
Posted: 2019-10-04 20:10:00
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