In an ambitious move to expand its investment portfolio, Samurai Capital Corporation, based in Minato, Tokyo, has successfully forged a partnership with REED Real Estate, located in Shibuya, Tokyo. This collaboration comes into play with a business alliance agreement dated May 30, 2024. Under this agreement, Samurai Capital plans to acquire two apartment hotels, ENT TERRACE AKIHABARA and ENT TERRACE ASAKUSA, through a fund it will establish in June 2025. In addition to this acquisition, Samurai Capital has also entered into a trust beneficiary rights sales contract for two rental housing properties situated in Nerima, Tokyo, and Yokohama, Kanagawa.
In July 2024, the companies first collaborated on the sale of trust beneficiary rights valued at over 4 billion yen, completing the acquisition of the included properties. Building on this momentum, the current transaction, valued at over 5 billion yen, marks the second phase of their strategic partnership. The agreement also includes a memorandum encouraging priority negotiations for the acquisition of three additional apartment hotel properties.
The renewed focus comes amid a rise in inbound tourism and escalating housing prices driven by inflation. This strategic move aims not only to expand investment targets but also to capitalize on prime, high-utilization assets in urban areas. By doing so, Samurai Capital hopes to ensure stable returns for its investors while delivering a positive social impact from an ESG perspective.
Property Acquisition Overview
The management team at Samurai Capital has carefully selected the following properties for acquisition:
Apartment Hotels
1.
ENT TERRACE AKIHABARA
Address: 6-3-7 Sotokanda, Chiyoda, Tokyo
2.
ENT TERRACE ASAKUSA
Address: 2-9-13 Kotobuki, Taito, Tokyo
Rental Properties
3.
Shakujii Town Rental Housing
Address: 2-17-16 Shakujii, Nerima, Tokyo
4.
Enokicho Rental Housing
Address: 2-62 Enokicho, Minami, Yokohama, Kanagawa (Address to be confirmed)
This effort reflects Samurai Capital’s commitment to harnessing the potential of the real estate market, particularly in areas experiencing significant demand from tourists and growing populations. The company is optimistic about the future, aiming for continuous transactions and sustainable growth in the real estate sector. With a dedicated approach, they seek to balance profitability with societal contributions in a rapidly changing market landscape.