Safe as houses: investors flock to Japan's multi-family real estate sector

Allianz Real Estate’s Asia Pacific business is looking to expand its investment into the multi-family sector in Japan, where the company already has a $1.5 billion portfolio comprising 130 multi-family assets in Japan comprising 5,500 rental apartments. CEO of Allianz Real Estate’s Asia Pacific business Rushabh Desai said the residential real estate market in Japan “offers an attractive long term stabilized cash yield”. “There is a deep capital market in terms of buyers and sell…