Osaka’s economy, while less diversified than Tokyo’s, is manufacturing-based, a sector which has benefitted from increased global demand as well as the move to bring supply chains onshore following the Tohoku earthquake. We believe this will result in resilient income with stable residential occupancy over the long-term.
The three core multi-family residential assets acquired in Japan comprise 342 units in total, all located in attractive central neighbourhoods of Osaka with excellent connectivity to train stations, popular with young professionals that seek an urban lifestyle and easy access to the CBD.
