We have recently made further progress with our plans to expand our business in Japan. We have completed the regulatory registrations to broaden our investment offerings to meet the needs of a wider range of Japanese investors, and we’ve appointed our first Head of Direct Real Estate for Japan.
Aberdeen Standard Investments recently acquired Type I and Type II Financial Instruments business licenses in Japan, which allow us to offer offshore products directly to Japanese professional investors. This includes public and private market funds across different asset classes.
In July we appointed Hidetoshi Ono to lead Aberdeen Standard Investments’ direct real estate investments in Japan. Hidetoshi brings over 25 years of real estate investment and management experience from Japanese and multinational organisations. He joins from Manulife, where he was Managing Director, Japan Real Estate.
Together with the acquisition of Orion Partners in February this year, these developments strengthen our real estate investment capability in Japan and help us to address the rising demand for alternative investments.
Neil Slater, CEO and Representative Director of Aberdeen Standard Investments Japan, said:
"I am delighted to welcome Ono-san, giving further momentum to our continuing investment and expansion in Japan. Obtaining new regulatory licenses, together with the added ability of local direct real estate investment for both our global and local clients, reflects our intent to build a long-term, sustainable business in Japan."
Kang Puay Ju, Head of Real Estate Asia Pacific and Global Head of Real Estate Multi-Manager, Aberdeen Standard Investments, said:
"Japan is an important component of our global and Asia Pacific real estate strategies. As one of the largest markets in the world, it offers attractive return potential for investors across asset classes, such as multi-family, aged care and hospitality, as well as risk styles. Ono-san’s strong credentials and track record in the Japanese market will prove invaluable as we continue to build out our Asia Pacific real estate investment platform following the acquisition of Orion Partners."
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