Gaw Capital Partners buys Japanese residential portfolio

Gaw Capital Partners announced that its separately managed account ultimately held by Qatar Investment Authority (QIA) has acquired Japanese residential assets in city center locations primarily in Tokyo and other major cities in Japan.

The seed portfolio consists of a total of 32 assets, including 21 assets in Tokyo, three assets in Nagoya, five assets in Osaka, one asset in Kyoto, one asset in Yokohama and one asset in Sapporo. The residential portfolio totals 68,432 square meters (736,596 square feet). All assets enjoy convenient train and metro access and average walking distance from the nearest stations is approximately six minutes.

Japan’s residential rents have historically displayed stronger resilience in an unfavorable market environment compared with other asset classes, and the occupancy rates have remained resilient during the pandemic. Despite the stagnant population growth nationwide, the population in central areas of major cities continues to grow wi