Minato has started real estate investment business
18.06.28
Please be informed that Minato Management Co., Ltd. (headquartered in 1-1-12 Toranomon, Minato-ku, Tokyo, Japan; President (CEO), Tatsuto Kuramoto) started construction of the Fukuoka Prefecture, Fukuoka City Apartment Project. This is our company’s first real estate investment project.
As a Registered Real Estate Broker and Financial Instruments Business Operator, we have a track record in brokerage services for physical property transactions and real estate trust beneficiary rights transactions.
Making use of our experience and networks built through our real estate business, we have begun our own real estate investment business with a view to expanding our business beyond brokerage services as well as forming a real estate investment fund in the future.
We plan to cooperate with real estate developers and management companies in selecting investment properties and managing the properties after the investment. This is a joint investment project with NK Trust Co. Ltd (headquartered in 4-1-4-1 Yakuin, Chuo-ku, Fukuoka City, Fukuoka Prefecture, Japan; President (CEO), Tomoaki Motai), which has a strong business base and networks in the Kyushu Region, especially in Fukuoka Prefecture, in an apartment development project by NK Trust.
With this project as our first venture in this field, Minato Management will continue to actively invest in real estate across Japan in order to rejuvenate regional economies and foster a business environment necessary for real estate investment and the formation of a fund. The company will also aim to promote economic circulation based on the concept of “local production and local consumption” by collaborating with local companies.
[Outline of the Investment Property]
Location: Hakata-ku, Fukuoka City, Fukuoka Prefecture
Size of land: 218.73 square meters
Structure of planned building: Six-storied building made of reinforced concrete
Planned use of building: Apartment
Estimated completion date: February 2019