Minato Management Co., Ltd. (Head Office: 1-1-12 Toranomon, Minato-ku, Tokyo; Representative Director: Tatsuto Kuramoto) is pleased to announce that it has established a Tokumei Kumiai (TK) fund investing in a hotel under Japan’s Real Estate Specified Joint Enterprise Act (the “Act”) and completed the closing of the acquisition of the underlying property on October 13, 2026.
The fund has been structured with a special purpose company (SPC) established by Minato Management as the investment vehicle, combining TK investments from overseas investors with financing provided by a domestic financial institution.
To date, Minato Management has been involved in structuring TK funds under the Act, investing in a diverse range of real estate assets, including residential properties and welfare facilities. This transaction expands our investment activities into the hospitality sector and addresses the demand from overseas investors seeking investment opportunities in Japanese real estate.
1. Overview of the Investment Property
– Location: Taito-ku, Tokyo, Japan
– Property Type: Hospitality property
– Investment Structure: Tokumei Kumiai (TK) fund under the Real Estate Specified Joint Enterprise Act
2. Transaction Overview
The fund is financed through a combination of TK investments from overseas investors and borrowings from a domestic financial institution.
Due to confidentiality obligations and other considerations involving the transaction parties, the names of the investors and other counterparties, as well as the specific terms and conditions of the transaction, will not be disclosed.
3. Future Initiatives
Minato Management will continue to actively pursue the planning and structuring of real estate funds utilizing the framework of the Real Estate Specified Joint Enterprise Act, while striving to provide investment opportunities that meet the diverse needs of investors in Japan and overseas.