Japan Post Bank

3rd February 2016

On Jan. 25th, the Japan Post Bank (Yucho Bank) announced that they would create a new division for real estate investment from February 2016. Japan Post Bank manage over 1.7 trillion USD, figure that far exceeds Japan’s largest pension fund, GPIF, which holds a portfolio that worth 137 trillion JPY (1.15 trillion USD).

Japan Post Bank is a part of Japan Post holdings, which was privatised and went public on Tokyo Stock Exchange last year. With this in consideration, the business model including investment portfolios have shifted from being government bond-focused to more profitable in order to appeal to investors. The group has started to invest in alternative assets and there were strong expectations that it will start moving towards global real estate.

Japan Post Bank has been accelerating the shift in the portfolios to reduce Japanese Government Bond and increasing overseas assets. Japan Post Bank’s portfolio allocation for government bond was reduced to 45.2% from 51.8%, and had increased overseas assets from 15.9% to 19.9% in 9 months from the beginning of 2015.

Stimulated by the Bank of Japan`s policy, negative interest rate, trend of shifting to alternative assets including real estate and infrastructure from government bond is more accelerated this year.

 

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For further details about this newsletter and our services please contact: Yukihiko Ito (yuki@asteriskrealty.jp) / yokaze (yokaze@asteriskrealty.jp)

About Asterisk Realty & Placement Agency

Asterisk is a pioneer private fund placement agency for global real estate in Japan. Through our unique and extensive network of Japanese investors, we support global fund managers to access Japanese and Asian institutional investors (pensions, financial institutions, real estate developers, other business companies, etc.).

We provide access and strategies for overseas fund managers to bridge the gap between them and Japanese investors.

Asterisk Inc.,
3-29 Kioicho Gluckheim Suite 2003 , Chiyoda-ku , Tokyo , Japan

Telephone: 03-3263-9909
Email : info@japanplacementagent.com
Website : https://japanplacementagent.com/en/
Type II Financial Instruments Business License The Kanto finance Bureau No.2577
Real Estate License / Governor of Tokyo (2) No.89094

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