Japan’s rental residential market is the largest in Asia and, with global investors having notched four major transactions of multi-family assets so far in 2022, looks to be on its way to another busy year.
To dive deeper into the forces driving demand for income generating apartment properties in Asia’s second-largest economy, Mingtiandi is hosting a panel discussion featuring speakers from AXA IM Alts – Real Assets, M&G Real Estate, Singapore’s TE Capital Partners and Japan’s own Tokyo Trust Capital, this Thursday 24 March at 10:00 AM Hong Kong time on our MTD TV interactive Internet video platform.
The one-hour program, which is sponsored by Yardi, is the third session in the Mingtiandi APAC Residential Forum 2022, which has already attracted more than 1,000 viewers from among Asia Pacific’s leading real estate and finance executives and is set to continue through the end of the month.
With trading volumes of Japanese multi-family assets having significantly outperformed pre-pandemic averages during the past two years, the sector has shown itself to both an effective counter-cyclical play for major fund manager and the forerunner of some long-term demographic trends which are giving rise to a growing rental residential sector around the broader Asia Pacific region.
Top Players Share Their Views
Collaborating to explore opportunities in Japan’s rental residential market during the one-hour program will be Laurent Jacquemin, head of Asia Pacific Real Assets for AXA IM Alts; M&G Real Estate’s fund manager Richard van den Berg; Emilia Teo, managing director with Singapore’s TE Capital Partners and Minoru Machida, CEO of Japan’s Tokyo Trust Capital.
The four panelists all have first-hand experience in acquiring and managing rental residential real estate in Japan, and will be sharing with us some of the lessons which they have learned from their projects.
AXA Investment Managers has been one of the biggest investors in Japan’s multi-family sector, including spending over $1.2 billion on acquisitions during 2020 alone. M&G just last week announced the biggest splash so far this year in Japan’s rental residential market, with its $424 million acquisition of 30 apartment assets from funds managed by Blackstone.
As one of Singapore’s most active real estate fund managers, TE Capital has already made a pair of investments in Japanese rental residential assets and has teamed up with Tokyo Trust Capital, to identify new opportunities in the sector.
Australia and Debt Financing Shows Coming Up
Thursday’s show is the third session in the Mingtiandi APAC Residential Forum 2022 with the programme set to continue next Tuesday, 29 March with a discussion of the Australian multi-family market featuring Sam Bisla, head of living for Australia at Hines, Laurent Fischler, head of investments for Asia Pacific at Ivanhoé Cambridge, Stephen Gaitanos, managing director and Group CEO for Scape and David Scalzo, managing director with Melbourne-based developer Perri Projects.
The forum will conclude on 31 March with the Trends in Residential Finance Panel, which will feature Nick Shi, global head of real estate investment with Haitong International, Trent Winduss, head of Asia secured debt investments and head of Australian investments for Phoenix Property Investors and Joel H Rothstein, shareholder and chair of the Asia real estate practice at Greenberg Traurig discussing debt strategy opportunities in the region’s housing sector.
Following the residential event series, MTD TV will be back in May with our APAC Logistics Forum 2022.