AXA IM Alts acquires 15 nursing homes in Japan for $163m

AXA IM Alts acquires 15 nursing homes in Japan for $163m

Photo: MedicAlert UK / Unsplash.com

Global alternative investment manager AXA IM Alts has officially forayed into the Japanese care home market following its acquisition of a portfolio of 15 nursing homes in the country for €156 million (about $163 million).