SC Capital Partners taps into the Japanese real estate NPL market

SC Capital Partners Group, a Singapore-headquartered private equity real estate firm, has acquired a portfolio of real estate non-performing loans (NPLs) in Japan on behalf of its latest closed-end opportunistic fund, Real Estate Capital Asia Partners V (RECAP V).

The portfolio, which was acquired from a regional bank, is collateralised mainly by residential assets, which are largely located in and around Osaka. Through exposure to these underlying assets, RECAP V is able to take advantage of the strong residential market in Japan, which has experienced large capital inflows from both domestic as well as foreign investors. The latest acquisition is a continuation of RECAP V’s investment strategy within the growing Asia Pacific real estate credit market, having recently executed two other credit deals in the region.

Read the full press release at the link below