Japan Multifamily Fund Attracts Institutional and Family Office Capital as Samty Reaches USD500m Close

Japan multifamily fund activity is accelerating as Samty said it has reached a USD500m final close for a new Japan multifamily fund, highlighting rising institutional and family office capital allocation to residential assets.

The fund, formed with a sovereign wealth fund, has already deployed USD200m into an initial portfolio of newly built properties in major residential hubs.

Hillhouse Investment Management will serve as general partner through its real-estate arm Rava Partners.

The Japan multifamily fund portfolio comprises 16 newly built assets totalling 1,948 units, largely in established neighbourhoods of Tokyo and Osaka.

Samty holds a 10% equity stake as it shifts from development to an investment and asset-management platform following its January privatisation by Hillhouse and Rava in a JPY169bn(USD1.1bn) transaction acquired from Daiwa Securities Group.