Walton Enters Japan via Publicly Offered Investment Trust, Targeting Residential Development Land
U.S.-based asset manager Walton Global has entered the Japanese market through its publicly offered investment trust business. On April 10, the firm held a launch event in Tokyo to begin sales of a new fund that invests in residential development land in North America.
Walton has invested in real estate across 41 cities in North America, managing approximately ¥710 billion in real estate assets. Worldwide, the firm has offered fractionalized real estate investment products to roughly 88,000 investors. While Walton first entered Japan in 1998, its activities to date have primarily focused on institutional investors.
Launch of “US My Home Fund”
The newly launched fund is called the “US My Home Fund.” All assets invested in the fund are U.S. single-family residential properties.
- The fund targets an annual fixed distribution of 5.5%
- Capital gains from property sales are expected to further enhance returns
- The fund aims for a final annual return exceeding 10%
The fund is positioned as an alternative asset for Japanese retail investors. Distribution is being handled by Teneo Partners and Matsuzaka Securities.
Tomokazu Otake, Senior Vice President overseeing Walton’s Japan business, commented on the U.S. housing market: “The U.S. population continues to grow, and major homebuilders are unable to keep up with housing supply.” He also emphasized that amid increasing market uncertainty due to changes in tariff policies under the Trump administration and geopolitical tensions in the Middle East, demand is concentrating on large homebuilders, reinforcing the attractiveness of the sector.
