Mariner Financial is ready to set sail for Japan after signing an agreement with AXA Real Estate Investment Managers Japan.
AXA REIM Japan is part of the AXA REIM Group, a wholly-owned subsidiary of AXA Investment Managers.
AXA REIM is a specialist in real estate fund management with over $53 billion of assets under management.
Mariner has a signed Memorandum of Understanding with AXA REIM Japan, whereby AXA REIM Japan will act as a local real estate adviser to Mariner Financial.
AXA REIM Japan, with the support and expertise of AXA REIM, will assist Mariner Financial in sourcing opportunities, oversee the due diligence process, and provide local real estate asset management services.
Mariner said this move creates a strong platform for its expansion into the Japan market and fits well with its strategy for growth through establishing specialised global property funds.
In addition, Mariner said the expansion in Japan complements its Boston office, which provides United States real estate acquisitions and management expertise for the Mariner America Property Income Trust and its European property operations managed out of its London office.
By Adam Parsons
