WORKS - Masuya Asset Partners

Real Estate Revitalization

Real estate revitalization is our core business. We particularly focus on the revitalization of office buildings in Tokyo's five central wards, enhancing profitability through strategic renovation and repositioning. Through design-oriented interior renovations—including reception areas, meeting rooms, restrooms, flooring, and walls—tenants can move in simply by bringing desks and chairs, allowing us to achieve higher rental income. In addition, we undertake revitalization projects for residential, commercial, and hotel properties in regional cities.

PROJECTS

Case Study 1 MA SQUARE AKIHABARA

↓

Land Area: Approx. 50 tsubo
Total Floor Area: Approx. 400 tsubo
8-story building above ground (Built in 1990)
Use: Office Building

Case Study 2 MASUno SQUARE Akihabara

↓

Land Area: Approx. 30 tsubo
Total Floor Area: Approx. 100 tsubo
5-story building above ground (Built in 2000)
Use: Office Building

Case Study 3 KITEN Iwamotocho

↓

Land Area: Approx. 40 tsubo
Total Floor Area: Approx. 150 tsubo
6-story building above ground (Built in 1990)
Use: Office Building

Domestic Real Estate Investment

From an asset management perspective, we invest in income-generating real estate across Japan primarily through our group companies. Acting as the asset manager for these investments, we manage the entire investment lifecycle including acquisition, asset management during the holding period, and disposition. Our portfolio includes various asset classes such as office buildings, residential properties, commercial facilities, and hotels. In certain projects, we are also involved in operational management, contributing to community development by utilizing the unique characteristics of each region.

PROJECTS

Office Building (Tokyo)

Land Area: Approx. 130 tsubo / Total Floor Area: Approx. 1,000 tsubo / Structure: 10-story building above ground / Year Built: 2004 / Usage: Office and Retail

Sports Facility (Fukushima Prefecture)

Land Area: Approx. 500 tsubo / Total Floor Area: Approx. 1,200 tsubo / Structure: 7-story building above ground / Year Built: 2008 and others / Usage: Sports Facility, Office, and Retail

Office and Commercial Building (Chiba Prefecture)

Land Area: Approx. 6,000 tsubo / Total Floor Area: Approx. 4,000 tsubo / Structure: 28-story building above ground / Year Built: 1993 / Usage: Office, Hotel, and Retail

Commercial Mall (Saitama Prefecture)

Land Area: Approx. 10,000 tsubo / Total Floor Area: Approx. 12,000 tsubo / Structure: 5-story building above ground / Year Built: 1998 / Usage: Commercial Facility

Hotel and Commercial Facility (Yamanashi Prefecture)

Land Area: Approx. 12,000 tsubo / Total Floor Area: Approx. 6,400 tsubo / Structure: 9-story building above ground / Year Built: 2017 and others / Usage: Hotel and Commercial Facility

Rental Apartment Complex (Aichi Prefecture)

Land Area: Approx. 5,000 tsubo / Total Floor Area: Approx. 3,000 tsubo / Structure: 8-story building above ground and four additional buildings / Year Built: 2005 / Usage: Residential (Approx. 400 Units)

Real Estate Development

Leveraging the expertise of our real estate investment and revitalization businesses, we undertake the development of office buildings, retail buildings, and other properties. We have primarily developed small-scale income-generating properties near major train stations as well as suburban commercial facilities. In our newly developed projects located near train stations, we place strong emphasis on building design and attract a diverse range of tenants, contributing to the revitalization of surrounding areas.

PROJECTS

Akihabara Development Project

Land Area: Approx. 60 tsubo
Total Floor Area: Approx. 500 tsubo
9-story building above ground
Built in 2015
Usage: Retail Building

Kanda Station Front Development Project

Land Area: Approx. 50 tsubo
Total Floor Area: Approx. 400 tsubo
12-story building above ground
Built in 2020
Usage: Office and Retail Building

Tachikawa Station Area Development Project

Land Area: Approx. 30 tsubo
Total Floor Area: Approx. 160 tsubo
8-story building above ground
Built in 2023
Usage: Retail Building

Overseas Business

We have established a presence across overseas markets—including Singapore, Cambodia, and the United States—where we actively pursue real estate development, investment, revitalization, and asset management. With close attention to local demand and cultural context, we handle a diverse range of projects spanning office, residential, and commercial properties. Through partnerships with local partners, we contribute to the growth of each community we invest in.

シンガポール

Singapore

To further accelerate our investment activities in Southeast Asia, a rapidly growing region, we established a Singapore office in 2023. Going forward, we will promote the development of new business opportunities that create synergies across the Group.

MASUYA ASSET PARTNERS ASIA Pte. Ltd.

Established in Singapore in 2023 as the Group’s regional headquarters in Asia. Currently, we are engaged in new condominium development projects and real estate value-add initiatives in Bangkok, Thailand. Going forward, we will expand our investment footprint across Southeast Asia while advancing new business development as the Group’s strategic hub in the region.

Projects

Condominium Development Project in Thailand

Location: Bangkok, Thailand / Total Units: 117 Units / Structure: SRC (Steel Reinforced Concrete), 8-story building above ground / Completion: Scheduled for 2025

Condominium Renovation Project in Thailand

Location: Bangkok, Thailand / Approx. 170㎡ / 2BR→3BR / Completion: Scheduled for 2026

MASUYA & SH CAPITAL Pte. Ltd.

Established in 2023 as a joint venture with a Singapore-based business partner through co-investment. The company aims to establish outbound investment funds targeting Asian countries and provides asset management services for those funds, while also serving as a gateway for inbound investment into Japan by Singapore-based investors.

Outbound Investment Business

Establishment and asset management of residential funds targeting Southeast Asian countries, including Thailand, Indonesia, the Philippines, and Cambodia.

Inbound Investment Business

Serving as a gateway for inbound investment into Japan by Singapore-based investors. Target investment assets primarily include residential and hotel properties in major metropolitan areas across Japan.

カンボジア王国

Kingdom of Cambodia

In Cambodia, where strong economic growth is expected, we established a local subsidiary in 2015. To leverage our locally rooted network, we employ local talent and conduct real estate investment and operational management with a long-term value creation perspective.

MASUYA HOME DEVELOPMENT Co., Ltd.

Our company is a locally incorporated entity established in 2015 with our Cambodian partners to pursue real estate investment opportunities. To date, we have invested in land, detached houses, and condominiums in Phnom Penh and Kandal Province. Currently, we are engaged in real estate leasing and asset management, primarily for condominiums, as well as subleasing and housing revitalization projects for the local market. We are also active as a member of the Japanese Business Association of Cambodia (JBAC). Looking ahead, we will continue to advance apartment development projects for local residents.

Projects

Real Estate Leasing and Asset Management Business

Location: Phnom Penh, Cambodia / Number of Units Owned: 18 Units / Owned Floor Area: 1,000㎡ / Year Built: October 2021 / Ownership: Freehold (Strata Title)

Real Estate Investment Project

Location: Phnom Penh, Cambodia / Land Area: Approx. 40,000㎡ / Ownership: Freehold (Hard Title)

LIVE LIFE MARKETING (CAMBODIA) CO., Ltd.

This company is a locally incorporated entity established in 2024 for the purpose of engaging in the real estate brokerage business, and MASUYA HOME DEVELOPMENT Co., Ltd. acquired an equity stake in the company in 2026. Having obtained a real estate agent license in the country, we provide a range of services, including brokerage for real estate transactions for foreign investors, consulting on non-performing loan (NPL) transactions and NPL-related properties held by financial institutions, as well as property management.

アメリカ合衆国

U.S.A.

Amid the strong and sustained economic growth of the U.S. market, we are advancing our real estate investment business in Arizona, Texas, and Hawaii. We will continue to proactively expand our investment activities throughout the United States.

MASUYA ASSET PARTNERS USA, Inc.

This company is a wholly owned U.S. subsidiary of Masuya Asset Partners Co., Ltd. At the time of its establishment, a single-family housing development project in Phoenix, Arizona—previously invested in by Masuya Asset Partners—was transferred to this entity through an in-kind contribution. Subsequently, the company also invested in a build-to-rent housing development project in Frisco, Texas. We will continue to expand our real estate investment activities in the United States.

Projects

Build-to-Rent Development (Equity Investment)

Location: Texas, United States / Land Area: Approx. 120,000 m² / Total Units: Approx. 200 Units / Usage: Residential

Real Estate Investment

Location: Hawaii, United States / Floor Area: Approx. 90 m² / Usage: Residential (Condominium)