SC Capital Partners Group has held a $900 million final closing for its sixth opportunistic Asia Pacific real estate fund, Real Estate Capital Asia Partners VI L.P. (RECAP VI) and related entities.
RECAP VI focuses on growth-oriented, opportunistic investments across the developed markets in Asia Pacific, employing a thematic investment approach that leverages SC Capital Partners’ specialist in-house operating platforms in the key areas of technology and hospitality.
To date, RECAP VI has already committed more than 70 percent of total raised equity, with 44 percent allocated to Japan, specifically in the hospitality and data center sectors.
RECAP VI’s investments include the acquisition of a portfolio comprising 27 hotels in Japan, managed by Japan Hotel REIT Advisors (JHRA), a specialist in local hotel asset management and operations, and a majority-owned subsidiary of SC Capital Partners. This strategic investment leverages the firm’s expertise and oper
