APREA Japan Annual Conference

Tamiko Nishihara, public and investor relations at KIC holdings Inc. Prior to joining KIC, she worked at Simplex Asset management as an executive assistant to the founder of Simplex holdings group in 2011-2021. After graduation from college, she moved to Singapore and started her career as a flight attendant for Singapore Airlines Limited in 1999-2010 where she gained multinational communication and hospitality management. Bachelor of Art in English Literature.

As the Director for Asset Management Business, Ms. Nakagawa supervises asset management industry in Japan and is also responsible for promoting the JFSA’s International Financial Center Initiative. Ms. Nakagawa joined the JFSA in 2000 and since then worked at various positions in the JFSA including financial markets division and market analysis office. She contributed to G20 Financial Track when Japan took on its Presidency in 2019 as the Director of the JFSA’s International Affairs Office. She was the Chair of the CPTPP Committee on Financial Services in 2021. She also worked at the Cabinet Office as a staff economist in 2004-2006.

She received her master’s degree in international relations from University of California, San Diego, and bachelor’s degree in economics from Keio University. She was a visiting fellow at Stanford University in 2012-13.

大和総研、大和証券SMBCを経て2010年より現職。20年近くにわたりJ-REIT市場の調査・分析に従事。Institutional Investor誌「All-Japan Research Team」REIT部門で2012～22年で11年連続1位。日経ヴェリタス誌「アナリストランキング」REIT部門で2016～2022年で7年連続1位。一般社団法人不動産証券化協会認定マスター。一般社団法人不動産証券化協会資格教育小委員会分科会委員。

Ms. Kong is a Senior Lead Japan Analyst on AEW’s Asia Pacific real estate securities team. Based in Singapore, she focuses on analyzing listed real estate companies and real estate markets in the Asia Pacific region. Prior to joining AEW, Ms. Kong worked at Aviva Investors Asia in Singapore as a portfolio manager with responsibility for Asian real estate mandates and, previously, as an analyst with key-person responsibility for research on property companies in Japan and Singapore. Prior to Aviva, Ms. Kong served as an equities analyst for Aetos Capital Management in Hong Kong with responsibility for fundamental research on a broad spectrum of Asian real estate companies. She holds a Bachelor’s Degree in Electrical Engineering from The University of Tokyo and is fluent in Japanese and Mandarin. Ms. Kong also is a CFA charterholder and holds the Chartered Alternative Investment Analyst designation.

田島正彦（たじままさひこ）ケネディクス不動産投資顧問株式会社　代表取締役社長
2005年ケネディクスに入社。ケネディクス不動産投資顧問にてREITのファイナンスおよびIR業務を統括。2015年ケネディクス取締役CFO企画部長に就任の後、2017年ケネディクス不動産投資顧問代表取締役社長に就任。前職では三井信託銀行の融資企画部、証券部等において証券化・流動化ビジネスの責任者を努めたのち、2000年より住友生命保険相互会社ストラクチャードファイナンス部にて証券化商品への投資を行った。金融、資本市場、資産運用の分野において25年以上のキャリアを有する。

President & CEO,　Kenedix Real Estate Fund Management, Inc.
Mr. Tajima is the President & CEO of Kenedix Real Estate Fund Management, Inc. (KFM) which manages 3 listed J-REITs and one private REIT.

After joining the Kenedix Group in 2005, Mr. Tajima was responsible for REIT financing and investor relations. He was appointed the Head of Corporate Planning Department of Kenedix, Inc. in 2012 and Director & CFO in 2015. Prior to joining Kenedix, he worked at the Sumitomo Mitsui Trust Bank, Limited and Sumitomo Life Insurance Company, where he gained extensive securitization experience. 

Hisashi Furukawa joined Japan Hotel REIT Advisors (JHRA) in June 2014 as President & CEO. Mr. Furukawa has led the significant growth of Japan Hotel REIT Investment Corporation (JHR; TSE code 8985) managed by JHRA. JHR was selected as the Sector Leader in the Asia hotel sector by GRESB in 2020 and 2021.

Prior to joining JHRA, Mr. Furukawa was a Principal of Rockpoint Group, a U.S. real estate investment management firm for over 9 years from 2004, where he oversaw Rockpoint Group’s overall investment activities in Japan as Country Head. Mr. Furukawa was an Executive Director of UBS for 4 years from 2000, where he was Co-Head of Property Sector Team in Investment Bank Division and involved in the development of REIT market in Japan. Prior to UBS, Mr. Furukawa was an Executive Director of Morgan Stanley, where he served in various capacities for Morgan Stanley Realty and the Morgan Stanley Real Estate Funds (MSREF) for 10 years from 1990, including the development of MSREF’s initial investments in Japan in the late 1990s. Mr. Furukawa spent 8 years with Sumitomo Realty and Development from 1982.

Licensed Real Estate Appraiser, MRICS, Ms. in Economics Participated in the start-up of the real estate securitization market, including JREITs, from an appraisal standpoint through the development of investment property appraisal practices and research on the real estate market. Mr. YAMASHITA also researched real estate and securitization markets in Europe, the U.S., and Japan as a special researcher at the Ministry of Finance's Policy Research Institute before the global financial crisis, when concerns about the subprime loan problem were becoming widespread. Currently, he is promoting research and studies on advanced issues such as Sustainability and ESG, Prop- Tech, and other projects on technical cooperation with overseas institutions.

He joined Global Logistic Properties Inc. (presently, GLP Japan Inc.) in 2016. After serving as the Head of Fund management in Japan, he was appointed as the President of GLP Japan Advisors Inc. in 2019.

Prior to joining GLP, he worked for Nippon Life Insurance Company where he was engaged in overseas operayions and international real estate investments. In addition to arranging syndicated loans while stationed in Hong Kong, he served as Head of Real estate investments, overseeing the portfolio of U.S. office buildings and U.S. and European private funds at a real estate investment subsidiary in New York. He was then transferred to Nissay Asset Management Corporation, an asset management arm of Nippon Life Insurance Company, where he served as Chief Portfolio Manager of the Investment Planning Department before being appointed Head of the Corporate Planning Office, where he was involved in the formulation of asset management strategies.

B.A. from Waseda University.

After joining Mitsubishi Corp.- UBS Realty Inc. in 2007, Mr. Kawabata has served as the general manager of the new business development department since 2020 and is currently head of Strategic Planning Office. In 2019-2020, he promoted ESG in JREIT as Head of Planning, Survey, and ESG Promotion Department. He engaged in M&A and equity financing, including the business participation in MID REIT in 2015, the public offering of　Industrial & Infrastructure Fund from 2011 to 2013, and the merger of LaSalle Japan and Japan Retail Fund in 2009. In his previous position, from 2002 to 2006, he was in charge of corporate planning at an asset-management company in JREIT. After working for a major life insurance company, from 2000 to 2001 he participated in a project to the first listed JREIT in Japan at a consulting firm. For more than 20 years from 2000, he has been a career in JREIT 　structuring, M&A and equity financing.

Mr.Takahashi is President & CEO of Takara Asset Management since February 2018. He has been working as a real estate appraiser since 1996. In 2002, he joined Shinsei Bank, Ltd. and engaged in investment duties for real estate beneficiary rights through silent partnership investment. In 2004, he joined Takara Leben Co., Ltd., and later transferred to Takara Asset Management Co., Ltd. in order to list a renewable energy fund to the infrastructure fund market that was planned to open at the Tokyo Stock Exchange. In June 2, 2016, he archived to list “Takara Leben Infrastructure Fund, Inc.” as the very first listed fund to the market.

Shai is a Senior Vice President at GENKAI Capital Management-a trailblazing Japanese Asset Management Firm.

In addition to investing throughout the capital stack in commercial real estate Shai is investing in and supporting groundbreaking innovation.

Shai Started his real estate career at a New York Investment Bank where he was involved in, well over, 12$US Billion in CRE debt and equity transactions.

Upon returning to Japan, Shai joined global advisory firm Cushman & Wakefield (NYSE: CWK) where he was the recipient of the Broker of the Year, the Transaction of the Year Office/Logistics and the Deal of the Year (across all business lines) excellence awards.

In addition, Shai is an adjunct professor at Temple University and previously at New York University.

Shai holds a master’s degree in real estate finance & Investment from New York University and a BA in Management & East Asian Studies (graduated Magna Cum Laude) from Tel Aviv University.

Shai is a New York licensed real estate salesperson (inactive).

Mr. Yanagisawa joined Canadian Solar Asset Management K.K. (CSAM) in 2018 as CFO and has been in his current position since January 2022. Prior to joining CSAM, he worked as a general manager at Nippon Commercial Development Co., Ltd. (currently JINUSHI Co., Ltd) and Open House Co., Ltd. where he was in charge of finance-related activities in the real estate and asset management business. Prior to that, he worked for a total of 16 years in investment banking such as M&A advisory and capital raising mainly at SMBC Nikko Securities Inc. and Nikko Citigroup Securities Inc. He started his career at Mitsui Taiyo Kobe Bank (currently Sumitomo Mitsui Banking Corporation).

Mr. Yanagisawa holds an MBA from the University of Pennsylvania Wharton School and a B.A. majored in Pure and Applied Sciences from the University of Tokyo.

Katsuyuki Victor Mineta has more than 30 years of global and institutional real estate investment, development and management experience where 17 years from Meiji Yasuda Life Insurance Company, 4 years from AMB Property (current Prologis) in Japan as its Representative Director and an Advisory Committee member, and 10 years from KIC Asset Management. He currently serves as CEO of KIC Holdings, Inc. and its affiliate companies. He is also a council member of Japan Association of Logistics Property Appraisal and chairman of Self Storage Securitization Association (Japan).

Akemi is a partner in the financial services group of PwC Japan Tax, where she leads Banking Capital Market and Asset Management Sector. She specializes in tax consulting for real estate companies and financial institutions and development of various financial products and investment funds including JREITs. Akemi acts as PwC Tax Japan Knowledge Center leader (Tax Policy Section) and is responsible for monitoring tax policy developments. Akemi is a member of the Japanese Institute of Certified Public Accountants (CPA) and Japanese Licensed Tax Accountant Association. She graduated in laws from Kyoto University.

Irene Rika Shimada, Executive Director, is a portfolio manager in the International Equity Group – Global Real Estate Securities team. An employee since 2005, she was previously an analyst in the RDP Equity Group covering the Japan and Developed Asia-Pacific Real Estate sectors. Prior to this, 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.

Diamond Realty Management Inc. ("DREAM") has appointed  Mr. Ryuta Takeuchi to be a President & CEO effective on April 1, 2021, and will be replacing Mr. Katsumi Nakamoto, as its representative to APREA Japan Chapter Board effective immediately.  Mr. Takeuchi joined Mitsubishi Corporation in April 1996 and spent less than 20 years in general domestic real estate development and domestic real estate finance businesses. During that period, he has served for one year as Part-time director of Diamond Realty Management Inc. since March 2013, seconded to UBS Global Asset Management (UK) Ltd. and MC Asset Management Europe Limited located in London since February 2014, and then served as Managing Director & CEO of MC Asset Management Europe Limited since September 2015, responsible for the management of real estate funds and real estate debt funds in Europe. In January 2017, he returned to Mitsubishi Corporation, where he was responsible for corporate planning as General Manager, Head of Business Planning Unit, Group CEO office, Urban Development Group. He was seconded to and was appointed President and CEO of Diamond Realty Management Inc. in April 2021.

Daisuke Kitta is the Head of Blackstone Japan, Head of Real Estate Japan and is a Senior Managing Director at Blackstone based in Tokyo. Since joining Blackstone in 2008, Mr. Kitta has been involved in analyzing various real estate investment opportunities in Japan. Before joining Blackstone, Mr. Kitta worked at Deutsche Bank, where he was responsible for originating and executing real estate transactions in Japan. Mr. Kitta received a degree in Economics from Nihon University and also graduated with a B.S. from the School of Hotel Administration at Cornell University.

Sigrid is the Chief Executive Officer of Asia Pacific Real Assets Association (APREA). Based in Singapore, she is responsible for overseeing the strategic direction, initiatives and operations of the association across Asia Pacific. Under her leadership, APREA repositioned to an industry trade group focusing on real estate and infrastructure.

Sigrid joined APREA’s executive team in January 2019.

Prior to APREA, she served as Managing Director of Asia Pacific Research and Advisory Services of Cushman & Wakefield (C&W) from 2010 through 2018, where she was responsible for research, thought leadership, strategy formulation and client management.  Before relocating to Singapore, she was based in Washington, D.C. and led C&W’s U.S. research group in the Mid-Atlantic region, overseeing all aspects of market research activities in the Washington, DC; Virginia; Suburban Maryland, Baltimore; and Philadelphia areas. Prior to joining C&W, Sigrid served as a Senior Economist for the National Association of Realtors (NAR). In that position, she developed NAR’s office, warehouse, retail, multi-family housing, and international research programs.

A recognized expert in global economic, public policy and real estate issues, Sigrid is a frequent speaker at industry events.  Her commentary on commercial and residential real estate markets is also regularly featured in a wide array of global publications, including the Wall Street Journal, Financial Times, Bloomberg, New York Times and Reuters. Additionally, she has made several television appearances on financial networks and radio such as CNBC, Bloomberg, CNN, National Public Radio and Channel News Asia.

Sigrid holds a Master of Business Administration from Cornell University’s Johnson Graduate School of Management and a Master’s degree in Economics from Pennsylvania State University. She is a member of several civic groups including the Rotary Club of Raffles City in Singapore, where she has served in various leadership positions, and serves in the Executive Committee of the Crohn’s & Colitis Society of Singapore.