Singapore Press Holdings( SPH), through its SPH subsidiary JPAM, has entered into a partnership with Japanese asset Manager Bridge C Capital (Bridge C) to invest $50 million in aged care and healthcare assets in Japan, the company said.

Start-up capital provided by SPH will be injected into the construction of nursing homes, nursing homes and medical office buildings in Japan in line with the companies ‘ strategy to tap into the growing demand for aged care facilities in the country.

According TO the IPPs study, Japan’s elderly population, aged 65 and over, is projected to increase from 28.0% in 2017 to 37% by 2025.

Bridge C will manage real estate in Japan, operating their marketing and search for seed banks.

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