LogProstyle Inc. and Inmark Global Pty Ltd. Form Joint Venture to Boost Japanese Real Estate Market
Reuters
Aug 06
LogProstyle Inc. and Inmark Global Pty Ltd. Form Joint Venture to Boost Japanese Real Estate Market
LogProstyle Inc., headquartered in Tokyo, Japan, has announced a new partnership with Australia-based Inmark Global Pty Ltd. The two companies have agreed to form a joint venture named Inmark LogProstyle Co., Ltd. Under the terms of the shareholders' agreement, Inmark will hold a 51% interest, while LogProstyle will hold a 49% interest in the new entity. The joint venture aims to focus on real estate investment across Japan, with a particular emphasis on the multi-family real estate sector. Yasuyuki Nozawa, President and CEO of LogProstyle, stated that the company will lead the management and operations in Japan as part of an ambitious acquisition campaign, with the goal of accelerating growth in the rental apartment development business and strengthening its leadership in the Japanese real estate market.
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