Trending
Japanese firm snags 20 percent stake in CIM
Mitsui will contribute $450-500M to funds managed by firm
![From left: Tatsuo Yasunaga and Avi Shemesh](https://static.therealdeal.com/wp-content/uploads/2017/02/CIM-big.jpg)
UPDATED, Feb. 20, 5:13 p.m.: Japanese trading conglomerate Mitsui & Co. will acquire a 20 percent stake in Los Angeles-based real estate investment firm CIM Group, it announced Monday.
Mitsui (Note: Correction appended) will also contribute between $450 and $550 million toward funds managed by CIM, it said. The two firms have established a dedicated investment vehicle to manage those funds, known as Sabre Investments LLC. [more]
Recommended For You