The portfolio consists of 15 newly built, high-quality multifamily properties located in the four major Japanese cities of Tokyo, Osaka, Nagoya and Fukuoka. The assets within the portfolio have an average age of less than one year and comprise 1,258 apartment units with a total gross area of circa 42,200 square meters. All properties are within ten minutes or less walking distance to metro and/or JR stations. 

Chedli Boujellabia, Managing Partner and CEO of Alyssa Partners, commented: “We are very pleased to include Invesco Real Estate, one of the leading global real estate investment firms amongst our capital partners in Japan where we continue to have strong convictions about the residential rental market. This latest portfolio acquisition demonstrates Alyssa Partners’ ability to source, execute and manage large scale investments alongside major institutional investors.” 

You can now read the full press release at the link below