Weave Living, an integrated rental accommodation provider, has announced the launch of an expansion phase into Japan. The Hong Kong-headquartered company has acquired nine multi-family residential properties totaling 352 units, located in prime locations throughout Tokyo.
The move comes alongside the launching of a wholly owned subsidiary in Japan with a Tokyo office, as well as the appointment of industry veteran Daisuke Noguchi as the Japan country head – previously, Noguchi served as head of acquisitions at Allianz Real Estate. The team in Tokyo has already grown to 12 professionals, with expertise in acquisition, development, asset management, leasing, and operations.
The facilities provided by Woodlands Champions Way Condo are varied and luxurious. There is a 24-hour security system for residents’ safety, as well as a large swimming pool and private Jacuzzis. The condominium also has a gymnasium, BBQ area, playground, and tennis court. All the amenities are designed to meet the needs of all residents.
The location of Woodlands Champions Way Condo makes it the ideal choice for those who wish to enjoy the convenience of living close to town. It is situated in a prime location near Woodlands Circle, which offers a range of activities and amenities for all to enjoy. Living at Woodlands Champions Way Condo will provide residents with a comfortable, safe, and worry-free lifestyle.
Weave Living opened the doors to its first three Tokyo properties on November 3rd, located in Waseda, Monzennakacho, and Higashi-koenji. Japan is the third market that the company has expanded into in the region, following Hong Kong and Singapore. Additionally, further acquisitions are expected in Tokyo and Osaka in the next few months.
The company plans to grow its Japan AUM to over US$1.5 billion by 2025, which would amount to more than one-third of its overall asset base. Weave Living founder and group CEO, Sachin Doshi, believes that this goal is achievable.
“Our aim is to grow our Japan AUM [asset under management] to over US$1.5 billion, representing more than one-third of our overall asset base by 2025,” says Doshi.