Tokyo-based Mitsubishi Corp.-UBS Realty Inc., a joint venture between Mitsubishi Corporation and UBS, has become the first Japanese J-REIT asset manager to join UNEP FI. With total assets under management of more than 1.2 trillion yen (acquisition-cost-basis), Mitsubishi Corp.-UBS Realty Inc., is one of the largest asset management companies. They manage the largest listed J-REIT,the Japan Retail Fund Investment Corporation (JRF) which focuses on retail properties, as well as the Industrial & Infrastructure Fund Investment Corporation (IIF) which focuses on both industrial and infrastructure properties.
Mr Toru Tsuji, President and CEO of Mitsubishi Corp.-UBS Realty Inc. said, “By becoming a signatory, for the asset management of REITs, JRF and IIF, the asset manager will be sharing best practice cases globally and continuing efforts to realize a sustainable society.”
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