#Japan #Real Estate #Minato #Star Mica #Piece Finance

Star Mica Holdings Makes Strategic Investment in Piece Finance

Star Mica Holdings, headquartered in Minato, Tokyo, has recently made a strategic investment in Piece Finance S.r.l., a fintech company operation a blockchain-based real estate tokenization platform in Europe. This investment is part of the company’s efforts to enhance its portfolio and adapt to emerging market trends. The investment takes the form of a SAFE (Simple Agreement for Future Equity) amounting to €30,000, as Piece Finance embarks on its pre-Series A funding round.

Rationale Behind the Investment

The investment comes at a time when the European market is witnessing significant advancements in the digital securitization of real estate, leveraging blockchain technology. The Italian and German markets, which Piece Finance is targeting, have seen limited real estate securitization thus far. Star Mica Holdings perceives Piece Finance's platform as an effective means of creating new investment opportunities and a fresh approach to capital raising, leading them to make this investment.

Overview of Piece Finance

Founded in May 2023 and based in Milan, Italy, Piece Finance is dedicated to making real estate investment accessible to everyone, under its mission of 'Real Estate for Everyone'. The CEO and co-founder, Kentaro Sobara, who boasts a strong background from companies like McKinsey and Bain Capital, aims to revolutionize access to real estate investments through tokenization on the blockchain.

Business Operations

Piece Finance operates its platform, 'Piece', which allows for fractional investments starting from as low as €100. The focus is predominantly on profitable real estate in Italy and Germany, with a goal of distributing rental and sales profits to investors. They ensure compliance with legal regulations, having completed registration with Germany's Federal Financial Supervisory Authority (BaFin) in alignment with the EU's Markets in Financial Instruments Directive II (MiFID II).

Since its official launch, Piece Finance has garnered users from over 30 countries around the world, establishing a transparent ecosystem for real estate investment.

Future Developments and Synergies

Piece Finance has attracted significant support from Japanese investors during its testing phase, with plans to consider handling domestic real estate properties in Japan in the future. By integrating the strengths of Star Mica Holdings in providing and managing second-hand condominiums with Piece Finance's tokenization platform, they aim to build new sales channels for real estate funds and develop a global fundraising mechanism.

Company Profiles

Piece Finance S.r.l.

• - Address: Via Copernico 38, 20125 Milano MI, Italy
• - CEO: Kentaro Sobara
• - Established: May 2023
• - Business Focus: Development and operation of a platform enabling tokenization of European real estate for fractional investments and trading.
• - Website: Piece Finance

Star Mica Holdings

• - Address: 28th Floor, Shiroyama Trust Tower, 4-3-1 Toranomon, Minato, Tokyo
• - Representative: Masashi Mizunaga, President
• - Established: May 2001
• - Business Focus: Holding, managing, and selling second-hand condominiums, planning and selling renovated condominiums, and investment management among other business activities.
• - Website: Star Mica Holdings

Official Media Channels

• - Instagram: Star Mica on Instagram
• - Specialized Magazine for Condominium Selling: URILABO
• - Renovation & Lifestyle Web Magazine: Shiawase Renovation Laboratory

The collaboration between Star Mica Holdings and Piece Finance stands to pave the way for innovative real estate investment avenues in both European and Japanese markets, benefiting a broader range of investors.