Samty Holdings, a Japan-based accommodation developer and fund manager, announced Monday the final closing of its new multifamily asset fund totaling approximately $500 million, with $200 million already allocated to a first portfolio of newly built assets located in key residential hubs around Japan.
The firm said in a statement that the fund was established in strategic partnership with a sovereign wealth fund, with support from Samty’s majority owner, Hillhouse Investment Management (Hillhouse), as General Partner.
Hillhouse’s engagement is through its real estate investment arm, Rava Partners.
Since being privatized in January 2025, Samty has been strategically transforming into a fully integrated international real estate investment and asset management platform.
As part of this strategy, Samty has taken a 10 percent equity stake in the newly launched fund.
Recent Samty initiatives have included the July closing of its first hotel-focused private real estate fund, the September sale of two investment pools of multifamily assets to international sovereign wealth funds, and the November announcement of its acquisition of UniLodge, Australia and New Zealand’s largest student accommodation operator, which is expected to close at a later date.
The fund’s asset portfolio currently consists of 16 newly built high-quality properties developed or sourced by Samty, with a total of 1,948 units mainly in established neighborhoods of Tokyo and Osaka with excellent access to public transportation, strong demographics, and robust tenant demand.
“The fund marks another significant milestone in our company’s continued transformation,
“Sustainable market factors are driving long-term growth potential in this asset class, and we have the resources and partnerships to make a real impact,” said Yasuhiro Ogawa, President and Chief Executive Officer of Samty Holdings.
Daiwa Securities Group Inc. President & Chief Executive Officer Ogino, said this latest initiative by Samty again plays to its strengths in real estate development and management.
“Samty is developing rapidly as a major player in the global real estate and fund management space, and we are looking forward to supporting them further alongside our partners,” he added.
Joe Gagnon, Partner at Hillhouse and Co-Head of Rava Partners, stated that ending 2025 with the successful closing of the fund bookends an impactful first year for Samty since its privatization in January 2025.
“We are confident that Samty will continue building on this momentum in its next phase of growth,” he added.

