Press Release
November 1, 2007
Fukuoka Keizai, November 2007 Issue: Faces of Fukuoka, 2007
Fukuoka Keizai, November 2007 Issue: Faces of Fukuoka, 2007
Taking the lead in stimulating Kyushu's real estate market with a ¥50 billion fund
Genkai Capital Management Co., Ltd. conducts real estate investment throughout Kyushu. President Masatoshi Matsuo comments, "we are striving to make the real estate market − including commercial facilities, distribution centers and office buildings − more dynamic."
A year and a half after its establishment, Genkai Capital Management launched Genkai Capital Funds 1 and 2, valued at ¥20 billion and ¥50 billion respectively. The first fund has been fully invested, while the second is currently being invested in a variety of projects, the first being a series of low-rise office buildings, Enokida Business Square (Enokida 1, Hakata-ku). "We continue to search out investment opportunities such as commercial facilities and distribution centers," says Mr. Matsuo.
Forming partnerships with local real estate developer DIX Kuroki Advertising Inc. (Takasago, Chuo-ku; President: Toru Kuroki), as well as comprehensive real estate company Unidio Corporation Ltd. (based in Tokyo; President: Hidetoshi Kawauchi), which developed the large commercial facility Suroy Mall Chikushino in Chikushino City, Genkai Capital Management is able to engage in a diverse array of real estate development opportunities. As one of their prominent development projects, we witnessed the completion of a large-capacity five-story distribution center, worth ¥5 billion, in Umimachi, Kasuya-gun, in September of this year.
Genkai Capital Management takes an active stance to corporate investment. "We invest in real estate companies such as developers seeking to be listed on the stock market, and to investing in such properties with our funds."
Mr. Matsuo further adds, "we're looking to aggressively invest in Asian real estate out of Fukuoka, particularly in China and Korea," illustrating his outlook on global prospects as a real estate company seeking to revitalize local regions.
Genkai Capital Management Co., Ltd. conducts real estate investment throughout Kyushu. President Masatoshi Matsuo comments, "we are striving to make the real estate market − including commercial facilities, distribution centers and office buildings − more dynamic."
A year and a half after its establishment, Genkai Capital Management launched Genkai Capital Funds 1 and 2, valued at ¥20 billion and ¥50 billion respectively. The first fund has been fully invested, while the second is currently being invested in a variety of projects, the first being a series of low-rise office buildings, Enokida Business Square (Enokida 1, Hakata-ku). "We continue to search out investment opportunities such as commercial facilities and distribution centers," says Mr. Matsuo.
Forming partnerships with local real estate developer DIX Kuroki Advertising Inc. (Takasago, Chuo-ku; President: Toru Kuroki), as well as comprehensive real estate company Unidio Corporation Ltd. (based in Tokyo; President: Hidetoshi Kawauchi), which developed the large commercial facility Suroy Mall Chikushino in Chikushino City, Genkai Capital Management is able to engage in a diverse array of real estate development opportunities. As one of their prominent development projects, we witnessed the completion of a large-capacity five-story distribution center, worth ¥5 billion, in Umimachi, Kasuya-gun, in September of this year.
Genkai Capital Management takes an active stance to corporate investment. "We invest in real estate companies such as developers seeking to be listed on the stock market, and to investing in such properties with our funds."
Mr. Matsuo further adds, "we're looking to aggressively invest in Asian real estate out of Fukuoka, particularly in China and Korea," illustrating his outlook on global prospects as a real estate company seeking to revitalize local regions.
