Patrizia acquires Japan-based Kenzo Capital Corp.

Patrizia Immobilien has acquired the business of Kenzo Capital Corp., a Tokyo-based real estate advisory and asset management firm, as well as the fund management and placement activities of Kenzo Japan Real Estate.

Kenzo Capital Corp. was founded in 2008 by Dr. Leonard Meyer zu Brickwedde. Kenzo serves European clients interested in investing in Japanese residential real estate through a dedicated fund that was launched in 2017 in cooperation with Patrizia. Meyer zu Brickwedde has vast experience of the local Japanese investment markets having previously headed the Tokyo branch of what is now UniCredit.

“The acquisition of KENZO is a continuation of the cooperation we have with them and is an opportunity for us to further grow our global network,” said Wolfgang Egger, CEO of Patrizia. “Offering clients a wide-ranging choice alongside the pursuit of best-in-class, risk-adjusted returns lie at center of everything we do at Patrizia. This acquisition offers ‘two-