>

>

/

Q Investment Partners closes US$50 mil multifamily housing fund

/ EdgeProp Singapore |

June 22, 2023 3:10 PM SGT

SINGAPORE (EDGEPROP) - Singapore-based private equity firm, Q Investment Partners (QIP), has closed its first fund in the Japan multifamily housing sector, with fully deployed commitments of US$50 million ($67 million). This fund was a joint venture with Alyssa Partners, a leading investment manager focused on Japanese markets.

The fund was closed following the acquisition of its fourth and final asset in the portfolio. The newly acquired property is a 42-unit apartment block in Kiba, Tokyo. “We are delighted to announce the full deployment of the fund and the acquisition of our fourth asset in Tokyo. QIP’s MFH fund is a vehicle that has successfully provided access to the residential market in Japan,” says QIP CEO Peter Young.

He adds that the investment firm plans to extend its commitment to the Japanese market and will create a local team there to facilitate the execution of its strategy of a second fund at the end of this year.

QIP’s focus in Japan has focused on Osaka, Nagoya, and Tokyo. Its portfolio in the country includes the 89-unit Luxe Shin Osaka, the 62-unit Porta Nigra Osu, and the 56-unit Porta Nigra Chikusa. The portfolio has also maintained an average occupancy of 95%.

“Key macro- and microeconomic factors mean that the Japanese residential living sector, particularly the multi-family asset class, continues to be favoured by institutional capital,” says Young. He adds that QIP remains committed to the Japanese market and is looking toward a second Japan-focused fund later this year.

Tags:

international Japan QIP

Follow Us

Follow our channels to receive property news updates 24/7 round the clock.

Subscribe to our newsletter

Top Articles

1

UOL and CapitaLand to acquire Thomson View Condo for $810 mil

2

Emerald of Katong draws 10,000 as crowds surge at project sales galleries during Deepavali weekend

3

Is it a Good Deal?: A freehold three-bedroom in D9 sold for $3.27 million, making a $2.03 million profit

4

Chuan Park attracts 5,000 visitors on first day of preview

5

Executive Condo launches in the pipeline to test new highs of $1,700 psf

Our Site

Follow Us

Property Research

Condos

HDBs

Landed

Commercial

Industrial

Properties For Sale

Properties For Rent

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

Make data-driven property decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property, while the En Bloc Calculator helps to determine the probability of a Singapore project being put up for collective sale. Our whole new Research tool provides you data on past transactions, price trends, and more for condos, HDBs, landed houses, commercial properties and industrial properties.

Aside from that, EdgeProp also offers a market trends tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heatmap that shows you where Singapore’s most popular property sales locations are, a HDB lease tool to calculate your HDB tenure, an affordability calculator, and property alerts to track your preferred Singapore property by project or location, as well as information on new launches.

On the lookout for undervalued property or looking to rent? EdgeProp’s powerful search filters will let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools, or within a HDB Estate or District – so that you find exactly what you are looking for.

View More

Close Ad

00:00