CDH Real Estate’s overseas success continues, 7 transactions in 2 years
CDH Real Estate announced the acquisition of another property in Tokyo, Japan, on 2017 April 20th, which marks the completion its 4th Real Estate transactions in Japan.
The acquired property is an office building centrally located in Minato-Ku, a prominent area adjacent to Tokyo Station and Ginza, well serviced by 3 subway stations, the area hosts many international and domestic headquarters including Google, Apple, Goldman Sachs, Sony, Honda, Fujitsu, and Mitsubishi.
Mr. SONG Xiaoming, Head of CDH Real Estate believes that this acquisition further strengthens CDH’s expansion in overseas asset investments. In the past 2 years, the team has made totally 7 investments in the United States and Japan.
Since 2015, CDH Real Estate continues to focus on its global investment scope, and has completed 7 transactions in Jersey City, Austin and St. Jose of the USA, as well as Tokyo and Osaka of Japan. At the same time, CDH Real Estate has realized its first exit on one of its Osaka properties, in which CDH Real Estate counterparts the Japan listed JEITs for the centrally located retail asset. John WONG, Managing Director of CDH Real Estate discloses that the Osaka deal took only 22 months from the initial investment to exit, the deal provides the investor not only with an outstanding IRR, but also a good distribution during the investment period.
A remarkable track record signifies that CDH Real Estate has gradually built its brand in overseas real estate investments, laying a solid foundation for future expansion for the US$1.2 Billion fund. SONG Xiaoming discloses the 4 principles for CDH Real Estate’s investments for the first time: Superior location, Reasonable valuation, Liquid sector with stable cash-flow and CDH value-add via operation.