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Forward thinking in action
The Morley property team have been exploring Asian markets with an initial US$2 billion (£1 billion) of equity to invest and an overall aim of growing Aviva’s Asian property business to US$10 billion (£5 billion) in the next four years.
We shall be working with property partners in Japan, China, South Korea and India to develop joint ventures and property partnerships in the same way that we have done across Europe.
The first of these joint ventures, announced in April, will be in Japan with Mitsubishi UFJ Trust and Banking Corporation. We already have several property investments in the region totalling around US$430 million (£216 million).
For more information on Morley visit www.aviva.com or www.morleyfm.com.
