Investments
 
Ueno
 
Location Tokyo, Japan
Date acquired Acquired by Global Fund I in December 2004
Total equity purchase price US$37.3 million
Structure 100% ownership
Investment type Office
Description A vacant 14 year old, grade B office building arranged over eight-stories with 5,570m² of leaseable space. The building is located in central Tokyo with pleasant views over Ueno Park.
Investment strategy

MPGA undertook a refurbishment programme, leased up the property and sold it into an improving market cycle.

Date sold June 2006
   
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