Japan Chapter Board Members

Joined Mitsubishi Corporation in April 1997 and has been engaged in all aspects of real estate development and asset management business in Japan and the U.S. for over 25 years. From April 2013, he was seconded to Diamond Realty Management, Inc (DREAM). where he served as Director of a board and Head of the Investment Management Division. He returned to Mitsubishi Corporation in April 2017, where he was in charge of the US real estate business. From September 2019, he was seconded to Diamond Realty Investment, Inc (DRI) in Dallas, TX. During his tenure, as Chief Operating Officer, he was responsible for the investments for development projects in the US, leading acquisitions and dispositions for mainly multifamily and industrial sectors. Since April 2023, he has seconded to DREAM again and been appointed President and CEO. Since April 2024, he also has served as a Managing Director (part-time) of Marunouchi Infrastructure, Inc (MII)., a subsidiary of DREAM.

<Biography>
April 1993 Tokyu Land Corporation
October 2002 J.P. Morgan Securities Asia Private Limited.
May 2006 Capital Advisors Co., Ltd.
October 2007 Roundhill Capital Partners K.K.
November 2011 Kenedix, Inc.
February 2012 Head of Financial Planning Division, Kenedix REIT Management, Inc.
August 2012 Director, Head of Investment Management Division
October 2013 Head of Investment Management Department, KRI Fund Division, Kenedix Real Estate Fund Management, Inc.|
March 2016 Head of Planning Department, Residential REIT Division
March 2017 Director & COO, Head of Residential REIT Department Executive Director, Kenedix Residential Investment Corporation (present Kenedix Residential Next Investment Corporation)
August 2021 Executive Officer, Head of Corporate Strategy Department
February 2022 Executive Officer, Head of Corporate Strategy Department and Public Relations & Sustainability Department (present post)

プロフィール

2015年からインド進出を開始し、インドにおける住宅開発プロジェクトを主な投資対象とするファンド『玄海インドインベストメント』を2019年に組成。当ファンドは本年9月より、ムンバイの分譲マンション開発（住宅の総床面積：約17,500m2）に投資を開始している。玄海キャピタル設立前は、2004年から株式会社福岡リアルティにて代表取締役社長を務め、福岡リート投資法人を組成し上場を果たす。1999年から2004年にはリーマンブラザーズにおいて同社の自己勘定不良債権及び不動産投資のリーシングを統括。それ以前は12年間三井不動産に在籍し、米国における約10億USDのポートフォリオ収益不動産のファイナンスの経験もある。

玄海キャピタルは、バリューアップ戦略を得意とするファンドマネジメント業務と専門家チームによるアドバイザリー業務を中心とした独立系不動産投資顧問会社。2006年設立、現在のAUMは約400億円。

As founder/CEO of Genkai Capital Management (GCM), a real estate investment management firm with AUM of 40B yen, Matsuo established a Japanese fund focused on development projects in India. The fund has just started investing in a multi-family project with 189K sqf. Prior to founding GCM in 2006, he originated and completed the IPO of Fukuoka REIT Corporation (J- REIT), as president of Fukuoka Realty Co., Ltd. He also has 5-year experience in the Global Real Estate Group of Lehman Brothers in Japan, and 12-year experience at Mitsui Fudosan, during which he managed about 100B yen in assets in US.

Kenji Utsumi is a partner at Nagashima Ohno & Tsunematsu and recognized as a leading lawyer in Real Estate practice at various legal awards. He has advised clients, as their main legal counsel, on large real estate transactions, several of which are awarded as the Real Estate Deal of the Year Award, Asian Legal Business, Japan Law Awards for years 2019, 2018, 2017, 2009, and 2008. Mr. Utsumi regularly counsels a number of TSE and SGX listed REIT clients as well as real estate private equity funds on a wide range of matters including formation, public offerings, M&A and restructuring of REITs and real estate private equity funds. Mr. Utsumi has substantial experience with respect to real estate private equity funds and has represented fund arrangers, fund investors, lenders and tenants, and was recently informed that he is known as “the lawyer who has assisted his clients in acquiring the largest amount of real estates in Japan.”

Akemi specializes in tax consulting for financial institutions/real estate companies, supporting her clients with the development of various investment funds and financial products. She has 30 years of experience, from the start of the J-REIT market, dedicated to serving fund managers and investors (multinational companies, pension funds), advising on both inbound and outbound strategies for tax effective market entry, distribution arrangements and investment structuring.

Akemi is an active participant in tax policy discussions, advising as well as attending workshops and committees sponsored by government agencies and industry associations.

Akemi has authored various articles and books on the tax treatment of investment structures, JREITs, cross-border securitization and on topical financial services tax issues. Akemi is a member of the Japanese Institute of Certified Public Accountants (CPA) and Japanese Licensed Tax Accountant (LTA) Association. She is a graduate of the Law Faculty of Kyoto University.

鬼頭　朱実
PwC税理士法人
マネージング　ディレクター

PwC入所以来、金融、特に投資運用業の税務を専門とし、J-REITを含む不動産投資ファンド、プライベートエクイィティ、ベンチャ―投資ファンドやヘッジファンド、資産流動化をはじめとする金融取引・不動産取引に関する税務コンサルティングに約30年にわたり従事。 J-REITやプライベートエクイティ投資の創生期からファンド立上の税務アドバイスを行っており、インバウンド・アウトバウンド双方のクロスボーダー案件のアドバイス経験を豊富に有している。海外年金や海外ファンドによる日本の金融資産や不動産投資案件に係るアドバイスの他、日本の年金や法人投資家による海外ファンド投資や日本の投資家を対象とする海外投資ファンド組成に係る案件に多数関与。また、官公庁やファンド業界団体の税制改正等に関する検討会メンバーを数多く務めるとともに、官公庁の各種調査業務を担当してきた。

主な著書には「投資ストラクチャーの税務」（至第11訂版）、「信託の税務」　（税務経理協会） 「不動産投信の実務」「基礎解説　証券化の税務」（中央経済社）等がある。

公認会計士・税理士　京都大学法学部卒。

Mr. Yamada has 40 years of experience in the commercial real estate industry in Japan and the United States combined.  Mr. Yamada was Executive Advisor to Global Service Dept. at Mitsui Fudosan Realty Co., Ltd. for 12 years, and helped the company develop working relationships with offshore developers, investors, and intermediaries.  Until February 2011, Mr. Yamada served as Director and Senior Executive Officer for Secured Capital Japan Co., Ltd. (currently PAG Investment Management), a leading real estate investment management firm in Japan with $8 billion of AUM, and was responsible for overseeing its Deal Sourcing Department during his 8 years of service.  From April 2000 till May 2003, Mr. Yamada was General Manager at GE Edison Life Co. (currently Gibraltar Life Insurance), responsible for overseeing the insurer’s real estate portfolio and originating new potential investments.  Prior to joining GE Edison, Mr. Yamada worked for a New York real estate investment banker called Sonnenblick-Goldman Company (now a part of Cushman & Wakefield) as Senior Vice President in its Los Angeles office, and obtained exclusive mandates to dispose large commercial properties in the US from Japanese asset owners.  Prior to joining GE Edison, Mr. Yamada spent 11 years with Mitsui Real Estate Sales U.S.A Co. Ltd. in Los Angeles where he was charged with deal origination, acquisition, JV development, disposition and asset management of various types of investment properties such as office, industrial, retail, and residential.

Appointed as Director in 2016 and re-designated as Executive Director in February 2019, Mr. Stuart Gibson has been the co-CEO of our Group since January 2016 and was also a co-founder and CEO of the Redwood group. Mr. Gibson is responsible for overseeing ESR’s overall operations and business development. He has over 24 years of real estate development and investment experience in Asia, which includes 15 years in the Japanese industrial real estate sector. Mr. Gibson was formerly the country head of Prologis Japan, and former co-founder and co-CEO of AMB BlackPine, which was subsequently incorporated into Prologis. He was also the Chairman of AMB Property Corporation Japan Advisory Committee. 

Member of the portfolio management team for J.P. Morgan Asset Management – Real Estate Asia-Pacific. Based in Tokyo, Irene focuses on Japan real estate investments across various strategies. Irene was previously a Global Real Estate Securities portfolio manager in the International Equity Group investing in listed developers and REITs, particularly within APAC, and also covered the Japan and Developed Asia-Pacific Real Estate sectors as a buy-side equity research analyst. Prior to joining J.P. Morgan in 2005, she worked in the Investment Banking division of Merrill Lynch Japan Securities. Irene holds a BSc in Government and Economics from the London School of Economics and an MSc in Real Estate Economics and Finance also from the London School of Economics. Irene is a CFA charterholder.

Mr Ryuta Takeuchi is responsible for JLL’s Capital Markets platform across Japan and works with the firm’s extended global Capital Markets team to facilitate inbound investment opportunities into Japan’s commercial real estate market and advise domestic capital owners on outbound investment.  He joins JLL from Mitsubishi Corporation where he was President and CEO of Diamond Reality Management Incorporated, its global real estate investment arm. For Mitsubishi Corporation, Mr Takeuchi oversaw assets under management of over US$8 billion through private real estate investment trusts (REITs) and private funds in Japan and other global markets in this position from 2021 to 2023.  Mr Takeuchi joined Mitsubishi Corporation in 1996 and held a variety of leadership positions including Head of Executive Management and Strategy Planning Office in its Urban Development Group, Managing Director and CEO of MC Asset Management in Europe. He was also Co-CEO of UBS-Mitsubishi Corporation General Partner – UBS- PREMF Limited, a joint venture private funds business with UBS.

Mr Kosei Hatakeyama is the Chief Executive Officer and Representative Director of MC Digital Realty (MCDR) since April 2023, overseeing all management matters. Prior to joining MCDR, Mr Hatekayama served as the Head of Strategy Planning, Urban Development Division, and General Manager of Real Estate Business Department at Mitsubishi Corporation. He successfully rebalanced and optimized global real estate investment portfolios valued at $4 billion, while assuming the role of a board director for both US and Japan-based subsidiaries. From 2019 to 2022, Mr Hatekayama played a key role in corporate planning at Mitsubishi Corporation's Tokyo headquarters. Reporting directly to the company's president, he contributed to managing company-wide investment portfolios worth a $100 billion. Prior to that, as the President of MC Aviation Partners Americas in Irvine, CA, from 2015 to 2019, Mr Hatekayama provided executive leadership and oversaw all company-related matters.

Naoki Suzuki is President and CEO of KJR Management, a 100% KKR subsidiary and one of the largest managers of listed Japanese REITs. Naoki joined Mitsubishi Corp.-UBS Realty Inc. (currently KJR Management) in January 2012 as Head of Research, and later served as Deputy President of the subsidiary, MCUBS MidCity, as well as Deputy President of Mitsubishi Corp.-UBS Realty Inc. before taking the current position in April 2022. Prior to that, Naoki worked as an equity and real estate security analyst and fund manager at Lupus alpha Asia, Schroders, UBS Asset Management and LTCB and F&C Investment Management. He is a Chartered Financial Analyst (CFA), and has obtained his Bachelor of Law from the University of Tokyo.