Against the backdrop of the real estate investment strategy of Star Asia, which has a track record of investing in various assets across Japan, SAR develops a diversified portfolio taking full advantage of such strength.
Diversified REIT Developed Based on Unique Market Analyses
SAR carries out its own market analyses of medium to long-term supply-demand forecasts for each area based on demographics analysis, etc. as well as trends of real estate transaction market and rental market. After such analyses, SAR aims to develop a portfolio optimized for the market environment taking into account income stability and growth of each asset type of office buildings, retail facilities, residential properties, logistics facilities and hotels.
Investment Policy
| Prioritized, focused investment in the Tokyo area |
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Benefit from income stability and growth through prioritized and focused investment in the Tokyo area with a 70% or higher (based on the acquisition price) investment ratio for the Tokyo area for the time being. |
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| Gaining income stability and growth through diversification of asset types |
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Pursue both income stability and growth from the portfolio by making diversified investment (diversify asset types) in office, retail, residential, logistics and hotel properties. |
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Investment ratio for each asset type shall be 50% or less in principle. However, in reality, the investment ratio may temporarily surpass 50%. |
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| Investment primarily in middle-size assets |
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Aim to minimize the impact of tenant move-outs or rent decrease at each property on the portfolio income by investing primarily in quality middle-size assets which have relatively higher liquidity compared to large-size assets. |
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“Middle-size assets” refer to real estate, etc. with acquisition price less than 10 billion yen, and “large-size assets” refer to real estate, etc. with acquisition price of 10 billion yen or more. |
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| Strategic investment in large-size assets exclusively in 5 central wards of Tokyo |
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Selectively acquire large-size assets exclusively in 5 central wards of Tokyo from the perspective of accelerating expansion of the asset size. |
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Portfolio Development
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- STEP1
- Conduct demographic analysis for each area, etc. and conduct survey analysis of real estate market trends (trends of transaction and rental markets) for each asset type
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- STEP2
- Decide on investment stance for each asset type and area to invest in, based on the unique market analyses
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- STEP3
- Search for investment targets by utilizing the Asset Manager’s unique network and the sponsor’s information network. Consider various acquisition methods.
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- STEP4
- Execute appropriate investment after verifying the subject property’s contribution to the portfolio as well as post-acquisition risk tolerance of the portfolio.
Portfolio Data
