Mitsubishi HC Capital Group has launched a leased-land fund in collaboration with JINUSHI. The fund will progressively acquire the leased land beneath 3 properties as its first transactions, with assets under management expected to reach approximately ¥11.37 billion as of the end of December.
Mitsubishi HC Capital Group has launched a fund investing in leased land and other assets in collaboration with JINUSHI. The fund will combine JINUSHI's ability to source leased-land transactions from its holdings with the group's real estate investment and asset management capabilities.
As its first transactions, the fund plans to progressively acquire the leased land beneath Soyora Tsu Sakurabashi in Tsu, Mie Prefecture, Seiyu Rakuichi Moriya SC in Moriya, Ibaraki Prefecture, and Seiyu Numazu in Numazu, Shizuoka Prefecture. Assets under management as of the end of December are expected to be approximately ¥11.37 billion.
Under the fund's management structure, 三菱HCキャピタルリアルティ will consider the investment targets through silent partnership investments, 三菱HCキャピタル不動産投資顧問 will provide asset management, and JINUSHI will handle sub-asset management and property management. The fund will continue to acquire leased land and aim to establish a platform for leased-land investment and management.