Greenstone Equity Partners, a leading fund placement firm in the Middle East, recently announced its collaboration with Trinity Investments to raise capital from GCC investors for real estate investment in Japan.

The partnership was created to attract GCC investors to invest in the Trinity Asian Fund III (TAF III) which aims to raise up to ¥50 billion ($410 million) to capitalise on investment opportunities within the Japan real estate market.

The Trinity Asian Funds were born out of a successful partnership forged between Trinity and an affiliate of Wafra Investment Advisory Group, a US investment advisory firm. The Fund represents a natural evolution and expansion of the various Asian investment vehicles that Trinity has formalised since 2001, including the recently invested and fully divested TAF II.

Trinity Asian Fund III will pursue a diversified sector allocation, focusing on core-plus/value-add assets located primarily in the greater metropolitan Tokyo area, while targeting the market’s yield dynamic as a cornerstone of the portfolio’s return composition.

“Tokyo, as well as other major cities in Japan, is projected to be among the top performing markets over the next five years in terms of compounded annual excess returns when compared to its Asia-Pacific peers,” said Omar Al-Gharabally, president of Greenstone Equity Partners.

“The capital city is set to remain the world’s top metropolis in terms of GDP and population through 2020, and with such a promising economic outlook and stable political situation, we see Japan as one of the best places in the world to invest in at the moment,” he added.

“Japan presents a compelling investment thesis, and a confluence of positive factors has fostered our belief that this is an exciting and rewarding juncture within the investment cycle,” noted Sean Hehir, president and chief executive officer of Trinity Investments.

“Trinity believes it is uniquely positioned to strategically invest in the current market, as TAF III draws upon Trinity’s 17 years of direct investment in Japan. We believe Trinity’s demonstrated track-record, including the acquisition of ¥300 billion of Japanese commercial real estate and the establishment of Tozai Asset Management, has positioned the company from a vantage point that few of our contemporaries possess.

“Combined with our current collaboration with Greenstone Equity Partners, we believe we provide an attractive and efficient solution to accessing Japanese real estate, while providing GCC investors direct exposure to an important asset class,” he added. – TradeArabia News Service