Press Release
March 8, 2007
Nishinippon Shimbun, March 8, 2007
Security-System Equipped Housing in Fukuoka
Nishinippon Shimbun, March 8, 2007
Security-System Equipped Housing in Fukuoka
Genkai Capital Management engages in real estate investment − right from the development stage
This past March 7, Genkai Capital Management Co., Ltd. (Fukuoka City; President: Masatoshi Matsuo), announced its acquisition of a development-stage property, i.e. Genkai Capital Management would be involved starting with the design and development stages. The first stage in the development of the residential property will be a joint initiative with Conduct Corporation (also of Fukuoka City). The project will be a rental apartment complex complete with security systems in Hakata-ku, Fukuoka City.
Genkai Capital Management was established last May. The company runs real estate investment funds worth a total of approximately ¥10 billion. It is the company's policy "to invest not only in preexisting properties but also development-stage properties. Utilizing its ability to analyze markets in this manner, Genkai Capital Management plans to set itself apart from other funds," explains Mr. Matsuo. Ahead of its time, Genkai Capital Management is developing rental apartments meeting the standard for superior crime prevention drawn up last year by the All-Japan Security System Federation and other organizations. The Federation plans to popularize the standard in all of Japan's prefectures.
The property is scheduled for completion in May. A 10-story rental apartment building, it is designed for single or two-person households. The design incorporates a total of 26 surveillance cameras to eliminate all blind spots. The facilities also include other crime prevention features such as maintaining lighting in common areas such as elevator halls, etc., at greater than 20 lux, which is approximately equal to the intensity of lighting during breaks at movie theaters.
This past March 7, Genkai Capital Management Co., Ltd. (Fukuoka City; President: Masatoshi Matsuo), announced its acquisition of a development-stage property, i.e. Genkai Capital Management would be involved starting with the design and development stages. The first stage in the development of the residential property will be a joint initiative with Conduct Corporation (also of Fukuoka City). The project will be a rental apartment complex complete with security systems in Hakata-ku, Fukuoka City.
Genkai Capital Management was established last May. The company runs real estate investment funds worth a total of approximately ¥10 billion. It is the company's policy "to invest not only in preexisting properties but also development-stage properties. Utilizing its ability to analyze markets in this manner, Genkai Capital Management plans to set itself apart from other funds," explains Mr. Matsuo. Ahead of its time, Genkai Capital Management is developing rental apartments meeting the standard for superior crime prevention drawn up last year by the All-Japan Security System Federation and other organizations. The Federation plans to popularize the standard in all of Japan's prefectures.
The property is scheduled for completion in May. A 10-story rental apartment building, it is designed for single or two-person households. The design incorporates a total of 26 surveillance cameras to eliminate all blind spots. The facilities also include other crime prevention features such as maintaining lighting in common areas such as elevator halls, etc., at greater than 20 lux, which is approximately equal to the intensity of lighting during breaks at movie theaters.
