Xymax to set up private fund
Xymax Corporation (“Xymax”) has successfully completed the launch of a private fund investing in trust beneficiary interests in retail property (“the Fund”). The Fund is run by Xymax Real Estate Investment Advisors Corporation.
Several investors participated in the Fund. The Fund’s total assets are JPY 4.3 billion, consisting of three retail properties in Tokyo and Osaka. Xymax Group will continue to provide management services for all the three properties.
Xymax, incorporated in 2000, has been constantly providing total real estate management services for a great number of properties across Japan with its group companies who are experts in each field. Xymax has been studying the best way to use the group’s real estate management ability for a launch of a stable long-term investment fund.
The Fund is the company’s first private fund. Though the market is now expecting a rise in asset prices, the Fund is focusing on medium- and long-term stable return. The group’s accumulated real estate management ability will support the performance of the Fund.
Fund Facts
- (1) Portfolio：
- 3 retail properties in Tokyo and Osaka
- (2) Assets under management：
- Approx. JPY 4.3 billion
- (3) Asset manager：
- Xymax Real Estate Investment Advisors Corporation
- (4) Property manager：
- Xymax Cube Corporation
Xymax Corporation
| Headquarters | 1-1-1, Akasaka, Minato-ku, Tokyo, Japan |
|---|---|
| Representative | Masafumi Shimada, President and CEO |
| Establishment | Founded in March 1990 as a group company of Recruit MBO in January 2000 |
| Capital | JPY 2,612,865,000 |
| Employees | 3,714 (consolidated, as of April 2013) |
| Revenue | JPY 60.2 billion (consolidated, FY ended March 2013) |
| Achievement |
|
| Business | Asset and property management of office buildings and retail buildings, real estate consulting, securitization arrangement, brokerage |
| Company website | http://www.xymax.co.jp/english |
Xymax Real Estate Investment Advisors Corporation
| Headquarters | 1-1-1, Akasaka, Minato-ku, Tokyo, Japan |
|---|---|
| Representative | Nobuhito Inatsuki, CEO |
| Establishment | August 2007 |
| Capital | JPY 200,000,000 |
| Shareholder | Xymax Corporation (100%) |
| Investment sector | Office, Residential, Retail, Logistics |
| AUM | Approx. JPY 150 billion (as of March 2013) |
| License |
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