Archive

BNPP AM Alts takes minority stake in Yokohama logistics asset

Follows Japanese logistics divestment deal last week

Dai-ichi Life-led fund takes stake in Japan logistics facility

BNPP AM Alts retains 49% of the facility and continues as asset manager

M&G Real estate to establish Japanese logistics portfolio

Through a long-term partnership with ESR Group

News round-up - 23 August 2021

Eastspring; Principal Financial; Axa IM; Robeco; Hiscox; M&G

M&G invests A$200m into ESR Australia Development

Italian insurers would suffer double the pain on private debt downgrades

In ESRB extreme 'fallen angels' test, Italian insurers lose 13% of surplus assets

Axa IMRA acquires Tokyo logistics facility

Asset was bought for JPY 39bn as part of JV with Asia-Pacific real estate platform

Axa IMRA spends ¥100bn on Japanese logistics assets

Firm forms joint-venture with ESR and acquires five assets in Greater Tokyo and one in Greater Osaka

Zweimueller insists on risk charging sovereign bonds

But recognises risk of regulatory arbitrage

Governments urge Solvency II reforms to encourage long-term investing

One-year time horizon and design of risk-free curve attacked