Aberdeen Standard in Asia-Pacific real estate venture

Aberdeen Standard Investments (ASI) has formed a joint venture with Sumitomo Mitsui Trust Bank to target the Japanese property market and other "mature" markets across the Asia-Pacific region. The new venture will target investments in residential assets such as multi-family, senior housing, student accommodation and corporate housing. It will acquire newly-constructed properties, as well as older residential properties which have the potential to be renovated, repositioned or converted. The joint venture aims to deliver what it calls "a compelling Asia Pacific real estate strategy fo...