– The Fund is focused on the Tokyo living sector, targeting high-quality multifamily assets in prime locations.
– ACP also announced a strategic partnership with Townsend Group and its client.
– Townsend, a leading global advisor to institutional real estate investors, led the strategic investment on behalf of its client.
– The Fund reached an oversubscribed final close within one year of launch.
– Investor interest came from pension funds, top-tier family offices, and foundations throughout Asia.
Investment strategy leverages:
Urban population growth
Robust rental demand
Accelerating rental growth
– The Fund has already acquired five premium multifamily properties in Central Tokyo.
– ACP has a strong pipeline including near-term acquisition of five additional assets.
– The team is partnering with leading Japanese conglomerates to meet evolving housing needs.
– Ryuta UEDA, Founding Partner, highlighted the successful fundraising despite market challenges and welcomed Townsend’s partnership as key to ACP’s accelerated growth.
– Angel Li, Founding Partner, emphasized Japan’s favorable investment climate with:
Attractive financing conditions
Inflation-driven growth potential
Demographic tailwinds and rental demand in Tokyo
– ACP leadership includes Ryuta Ueda, Ronald Chiu, and Angel Li, supported by experienced local operating partners.
– Anthony Frammartino, CEO and Chairman of Townsend, expressed confidence in ACP’s strategy and the potential of Japan’s living sector.