About this video
Ellie checks the basis of every vacancy figure and re-ranks a fund's Tokyo submarket shortlist before the committee votes.
Full description
Halverstone's Asia fund draft strategy ranks Osaki first on 2.4% vacancy, but that is the five central wards' figure. Ellie finds Osaki's own 6.9% in the market report, a 38,000-tsubo 2027 supply wave (3.3 years of take-up) and six months rent-free in a Japanese leasing memo, which she quotes and translates. Re-scored on the paper's own weights, Osaki falls from first to fourth and Nihonbashi leads.
Key points
- Every vacancy rate stated with publisher, numerator and universe
- Japanese source quoted and translated
- Ranking corrected on the fund's own weights
Part ofAcquisitions & due diligence
Video details
- Roles
- Portfolio Manager, Investor / LP
- Processes
- Acquisitions, Portfolio Analytics
- Geographies
- APAC
- Markets
- Japan
- Tags
- author-demo-2, market research, Japan, submarkets