Sapient's experience in the Japanese real estate market by market sector includes:

Office Market Sector
Market Research and Consulting

•  Development of an econometric model to forecast central Tokyo office market vacancy rates.

•  Authoring of numerous market analysis reports on the Tokyo and Osaka office markets for international institutional investors considering entry into the Japanese real estate market.

•  Authoring of a report on the central Tokyo office market as background support for a J-REIT IPO.

Investment Advisory

•  Underwriting a portfolio of 15 office buildings located throughout Japan and valued at more than US $300 million on behalf of a large institutional investor.

•  Advised several international investment banks on existing and future market conditions for the purchase of several major (US $500 million +) office buildings.

•  Advised a large institutional investor on efforts to purchase a major office building in central Tokyo for use as the firm's Japan headquarters.

•  Successfully brokered the sale of several mid-sized Class B+ office buildings in central Tokyo .

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Retail Market Sector
Market Research and Consulting

•  Authored a study of the Japanese large-box retail market for a major international investor.

•  Provided consulting and valuation advice for a large shopping center located in the Tokyo metropolitan region on behalf of an international retail sector investor.

•  Authored a study on retailing in the Tokyo 23 wards area for a large institutional investor considering entry into the Japanese real estate market.

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Residential Market Sector
Market Research and Consulting

•  Developed econometric forecasting models for residential rents in a number of Japanese cities on behalf of a major international investment bank.

•  Conducted a comparative study of residential markets in Japan , the US and the UK for an international residential real estate investment fund based in Japan .

•  Conducted an extensive study of the residential markets in Tokyo , Osaka , Sapporo and Fukuoka for a major international investor.

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Industrial Market Sector
Market Research and Consulting

•  Authored a number of studies on the Japanese logistics market on behalf of a major international logistics developer/owner. Studies included an estimation of space supplied to the market by prefecture over a 25-year period.

•  Valued a cold-storage logistics building located in Tokyo on behalf of an international investor based in Japan .

Investment Advisory

•  Provide valuations of a logistics building portfolio located throughout Japan on behalf a joint venture between a major international logistics developer/owner and a major Asian institutional investor. Portfolio value is in excess of US $1 billion.

•  Procured instruction and managed tendered bidding process for disposal of large-scale logistics building in Tokyo region on behalf of a major international manufacturer. Top bid tendered was in excess of seller's asking price of US $70 million.

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Other Real Estate Market Activities

•  Are currently advising a Japanese hotel operator seeking capital infusion on potential international joint-venture partners.

•  Recently worked with a private equity fund to identify and value the real estate portfolio of a publicly-traded Japanese company.

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