#Japan #Tokyo #APLUS Property #IGIS Asset #MODO Japan

MODO Roppongi: A New Chapter for Luxury Living in Tokyo

In a significant development within the luxury real estate sector in Tokyo, APLUS Property Investment Holdings from Taiwan and IGIS Asset Management from South Korea have collaboratively acquired a prestigious residential property located in Roppongi. This acquisition marks a strategic move towards enhancing the hospitality and residential investment landscape in the Asia-Pacific region. The property consists of 37 high-end rental apartments, expected to undergo extensive renovations before reopening to the public as "MODO Roppongi" in the second quarter of 2027.

Collaboration Between Industry Leaders

This project sees APLUS act as the primary investor, while IGIS steps in as a co-investor. The focus of the project is to transform the existing property into a state-of-the-art urban lifestyle residence. Crosspath Advisors, a recognized asset management firm, will lead the closing and financing operations of the project. Their extensive industry experience is expected to facilitate a smooth transition and execution from acquisition to future operations.

A Prime Location with Luxurious Features

Strategically positioned just a five-minute walk from Roppongi and Azabu-Juban stations, the property maintains an enviable location in one of Tokyo's most prestigious neighborhoods. Close proximity to the Tokyo Tower, Azabudai Hills, and Roppongi Hills adds to its appeal, placing residents in the heart of a vibrant, cosmopolitan area surrounded by international embassies, prestigious schools, and multinational corporate offices.

The 14-story building, completed in 2013, comprises 37 units averaging around 60 square meters. Its interior is set to be redesigned in collaboration with the renowned Keiji Ashizawa Design studio, known for its exceptional spatial design.

Key Features of MODO Roppongi

The refurbishment will include sophisticated premium designs, furnished apartments, flexible rental terms, and a dedicated resident lounge that caters to both work and relaxation. This unique blend of living spaces and facilities aims to create an unparalleled living experience, particularly for business professionals, expatriate families, and couples seeking a spacious urban environment.

The Roles of Each Partner

This landmark project is a collaborative effort utilizing the expertise of various professionals in the real estate sector:

• - APLUS Property Investment Holdings: Specializes in hospitality and residential assets across Asia and is the main investor in this project.
• - IGIS Asset Management / IGIS Asia: Known for operating a global portfolio valued at over $50 billion, they act as the minority investor, bringing their extensive experience to the table.
• - Crosspath Advisors: An independent asset management firm based in Tokyo will oversee crucial operations like closing tasks and fund structuring.
• - MODO: This urban living investment and management platform is responsible for property management and premium services post-renovation.

For more details, you can visit their website at MODO.

Future Prospects

The partnership between APLUS, IGIS, Crosspath Advisors, and MODO suggests a strong commitment to furthering their strategic alliance within the Japanese residential market. With a solid demand in Japan's major cities, they aim to discover high-potential assets and create new value through high-quality renovations and professional management. This initial venture, MODO Roppongi, is only the beginning, as they seek to meet the expectations of both investors and residents alike in the future.