Japan: PLife acquires nursing home in Kamagaya City

Parkway Life REIT, which is owned by IHH Healthcare, has acquired a nursing home in the Greater Tokyo Region from KK Habitation for ¥1.65bn (US$16m). “This acquisition not only strengthens our presence in Japan but also boosts the resilience of our portfolio by delivering immediate growth,” said chief executive Yong Yean Chau. Located in the…