AIB Japan fund loses €4m in first year

AIB’s Alpha Japan Fund, which raised €128 million from investors last year, has reported a loss of €4 million for the first year of operation.

9th August, 2008

AIB’s Alpha Japan Fund, which raised €128 million from investors last year, has reported a loss of €4 million for the first year of operation.

The fund aims to invest in Japanese properties mainly in the Tokyo area.

So far, it has acquired two properties - a retail development in the upmarket Roppongi district of Tokyo and a retail redevelopment scheme in Takeshita Dori. The Roppongi property has a total project cost of...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago