Singapore real estate investment management firm SC Capital Partners has secured as much as 51.7 billion yen (US$330 million) in capital commitments from a consortium of investors led by Canada Pension Plan Investment Board (CPP Investments), manager of Canada’s largest pension fund.
SC Capital will use the money for its Japan hospitality strategy, the company says in a statement on January 22.
According to Suchad Chiaranussati, founder and chairman of SC Capital, Japan is still one of the most attractive markets in Asia for the hospitality sector, which he says is well-positioned to be one of the most rewarding ones over the next year thanks to “flexible pricing dynamics”.
“In this environment, strong local networks, disciplined underwriting, and robust on-the-ground execution are the critical differentiators for dealmaking,” he says. “Leveraging more than two decades of experience and our deep local presence in Japan, we are well placed to continue delivering long-term value for our investors.”
Japan “stands out as one of Asia’s most attractive hospitality markets, driven by robust growth in inbound tourism alongside sustained domestic demand”, according to Gilles Chow, head of real estate for Asia Pacific at CPP Investments.
He says the partnership with the Singapore firm “gives us access to high‑quality opportunities and the execution capabilities to convert these tailwinds into long‑term value”.
