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Mingtiandi Username Blance Komazawa Daigaku is among TE Capital’s three new Tokyo assets A private equity affiliate of Singaporean developer Tong Eng Group has joined a growing wave of international investors chasing opportunities in Japanese rental apartments with a $50 million purchase of a Tokyo portfolio. On 18 December TE Capital Partners, acting on behalf of its TE Japan Income Partners I fund, closed on the buy of a set of three multi-family assets in central Tokyo, the company’s managing director Emilia Teo told Mingtiandi, seeing the acquisition as a way to gain dependable returns as the COVID-19 pandemic undermines confidence in some other asset classes. ....