Panel: Multi-Family Investment in Japan 2025

With strong rental demand, rising wages, and limited housing supply, Japan remains the largest multi-family market in Asia Pacific, continuing to attract investors eager to benefit from the country’s ongoing urbanisation. While interest rates are rising, borrowing costs remain low, offering investors a rare advantage with significant spreads between cap rates and financing rates.

Multifamily occupancy in Tokyo’s 23 wards has climbed to just above 97 percent, close to the pre-pandemic high and nearing a two-decade peak, according to a report from UBS late last year, with the investment bank highlighting the growing prospects for rental growth driven by ongoing supply-demand imbalances and potential project delays.

: Isabella Lo, Managing Director, Principal, Investment and Head of Japan, Gaw Capital Partners

: Chedli Boujellabia, Managing Partner and CEO, Alyssa Partners

: David Cheong, Managing Director, Co-Head of Acquisitions, Asia Real Estate, KKR

To explore strategies for capitalising on Japan’s living sector, Mingtiandi is pleased to welcome a panel of decision-makers from Gaw Capital Partners, Alyssa Partners, and KKR in a one-hour discussion as part of the MTD TV APAC Residential Forum 2025, brought to you by Yardi.

Date: Wednesday, 19 March 2025

Time: 10:00 AM – 11:00 AM HKT

Speakers:

Isabella Lo, Managing Director, Principal, Investments and Head of Japan, Gaw Capital Partners
Chedli Boujellabia, Managing Partner and CEO, Alyssa Partners
David Cheong, Managing Director, Co-Head of Acquisitions, Asia Real Estate, KKR

Live Q&A with Rental Housing Leaders

Immediately following the interview, Mingtiandi’s team will moderate a live question and answer session in which attendees can quiz the speakers on their market outlooks and get direct insights from some of the region’s top experts in the multi-family space.