PAG eyes up to $12bn in Japan real estate, private equity deals: president

Asia investor sees opportunities in offices, data centers and hotels, president says

Tokyo offices have historically been among PAG's best-performing asset classes, according to President Jon-Paul Toppino.

YASUHA MINAMI and HARUKI KITAGAWA

TOKYO -- Asia-focused investment group PAG plans to deploy even more capital in Japan, positioning itself to jump on real estate sold off by listed companies, according to cofounder and President Jon-Paul Toppino.