Survey from Asterisk’s EU & UK real estate investment seminar highlights what Japanese investors expects from the global real estate investment

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Monday, 27th March 2017  

On March 9th, Asterisk Realty & Placement Agency held its “Real Estate Investment in Europe and UK Seminar” for Japanese institutional investors in Tokyo. It will touch on the current trends in taxation, law, and market aspects of real estate assets investment for Japanese institutional investors, as well as the changes and opportunities created by Brexit.

Seminar attendance surpassed 50 from top Japanese institutional investors participated, whose total asset sizes exceeds 5 trillion USD, and the results from the survey conducted from the attendees show a general trend in interest.

 

Target Asset Type

As expected, main interest was in Real Estate Equity Assets (72%). It should be noted that Interest in Real Estate Debt Assets (28%), Infrastructure (28%), and PE (21%) all were roughly equal.

Target Region

Highest interests were for North America (66%), with UK (55%), EU (45%) and Australia (41%) as a close second. Interest in Asia (21%)and Japan (17%) was the least prominent. This shows the most of demands for global real estate is from asset diversification needs.

Target Asset Class

Highest interests were for Office assets (66%) , followed by Retail (45%), Residentials (45%), and Hotel & Integrated Resort (41%). Logistics closely followed(38%). Whilst not offered on the survey, Data Center targets were also noted by investors.

Investment Structure

Fund Investments (52%) had the highest interest rate, followed by direct investments. (45%) Joint Ventures and Separate Account approaches(34%) showed some interest.

Investment Strategy

Considerably high interest in Core/ Core-plus investments (76%). There was also interest in Value add opportunities (38%), with least interest in Opportunistic (17%)  and Secondary strategies (14%).

What we found was despite Brexit, interest in UK investments remains strong, and practical investment information is in high demand from Japanese institutional investors. With that said, entry timing is the biggest point of consideration for Japanese investors.

This results may indicate momentums and approaches of Japanese investors to overseas real estate investment in 2017.

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

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Asterisk’s upcoming seminars for Japanese institutional investors:

Integrated resorts and real estate/hospitality development (Early 2017)

  • “Opportunities of luxury hospitality real estate with Integrated Resort”

  • “New real estate investment sectors created by Integrated Resort”

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About Asterisk Realty & Placement Agency

Asterisk is a private fund placement agency for global alternative in Japan. Through our unique and extensive network of Japanese investors, we support global fund managers in accessing 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 : http://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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