Alpha Prime Kameido, Tokyo
AM ALPHA divests newly built residential property in Tokyo
- Modern, energy-efficient apartment building features 126 units
- Exceptional access to public transport
- Unlocking value growth to capitalize new investment opportunities
AM ALPHA, a global family office for real estate investments, has completed the divestment of Alpha Prime Kameido, a newly built residential property in Tokyo's popular Koto-ku district.
Alpha Prime Kameido is a 15-story apartment building completed in June 2024 that comprises 126 high-quality residential units. Strategically situated within the 23 Tokyo wards and approximately a 7-minute walk from Kameido Station, the property provides superior transportation convenience and, thus, quick access to Tokyo's central business districts. The asset has been awarded a 5-star rating from the Building-Housing Energy-Efficiency Labelling System (BELS) for its outstanding energy balance, reinforcing AM ALPHA’s dedication to sustainable real estate development.
"We are thrilled to have successfully executed another value-driven transaction for our investment partners," said Masatomo Okamoto, AM ALPHA's Head of Japan. "After acquiring the asset during its construction phase in June 2022, we significantly enhanced its value through a successful leasing campaign. For us, Alpha Prime Kameido is a perfect example of our ‘develop-to-core’ investment strategy."
While the asset was anticipated to generate robust yield returns, AM ALPHA identified an opportunity for an early sale at an attractive price. This decision reflects the firm’s strategic approach to recycling capital into new investments that align with its growth strategy. "The sale allowed us to realise value appreciation from an established asset and redeploy resources into new promising projects," Okamoto added.
The domestic buyer of Alpha Prime Kameido now holds a stabilised property in one of Tokyo's most desirable locations, emphasizing the strong demand for high-quality residential assets in Tokyo's resilient housing market. The transaction underscores AM ALPHA’s commitment to generating exceptional outcomes through strategic market insight and value-driven real estate initiatives.
AM ALPHA is a Munich based privately owned real estate family office that focuses on global investments in prime real estate on its own account and in collaboration with family offices, private clients and endowments in Europe and Asia. The company is represented in Europe in all major real estate markets with its own offices. Its Asian operations are headquartered in Singapore, with offices in the gateway cities in the Asia Pacific region. AM ALPHA has also received all necessary licenses from German regulator BaFin acting as a German regulated capital management company (Kapitalverwaltungsgesellschaft – KVG) and Alternative Investment Fund Manager (AIFM). The real estate firm is currently managing a substantial Asia Pacific and European portfolio.
Press contact
Andreas Menke
Phone: +49 89 550 6989 - 00
E-Mail: press@am-alpha.com