Warburg Pincus to launch $1.2bn tender offer for Japan dorm operator J.S.B.

Student housing demand likely to rise as international students pour in

J.S.B. is Japan's student housing industry leader, managing some 100,000 rental units nationwide. (J.S.B.)

TOKYO -- U.S. investment firm Warburg Pincus will launch a tender offer to acquire Japanese student housing provider J.S.B. under plans announced Friday, for an amount estimated at around 200 billion yen ($1.25 billion).