Japan’s First ESG Real Estate Fund Set For Launch (Nikkei Asian Review)
Japanese farm lender Norinchukin Bank will market real estate investment funds focusing on properties that achieve sustainability targets, in what it calls a first for the domestic asset management industry.
Norinchukin, which has grown from a savings institution for farmers into a global investor with around 106 trillion yen ($982 billion) in assets, has devoted 10 billion yen of its own money to a handpicked portfolio of real estate investment trusts.
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