Patrizia buys German-Japanese fund initiator Kenzo
Patrizia is buying the funds platform Kenzo Capital Corporation based in Tokyo. Kenzo was founded in 2008 by Hypo Real Estate manager Leonard Meyer zu Brickwedde and together with Kenzo Japan Real Estate maintains a subsidiary in Munich. To date, the company has been specializing mainly in taking German money to Japan. Patrizia now wants to expand Kenzo as a platform for investing Asian capital in Europe. The Augsburg-based firm already manages a Japanese housing property fund launched in 2017 for Kenzo. Meyer zu Brickwedde remains on board with Kenzo as President and CEO.
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