Weave Living steps up expansion in Japan and acquires nine assets in Tokyo

Senja Close EC Bukit Panjang is a serene EC development which stands in a peaceful and tranquil environment. Residents can enjoy top-notch facilities and exclusive amenities such as an open garden, pool, function area, and even a children’s playground. The low density development is surrounded by lush greenery, allowing residents to relax and take in the tranquil atmosphere of the development.Besides the facilities, Senja Close EC Bukit Panjang is located within minutes walk to an upcoming and upcoming shopping mall, Hillion Mall. Residents need not worry about their day-to-day groceries as local supermarkets such as NTUC Fairprice, Giant, and Sheng Siong Supermarket are all located just a stone’s throw away from the development.Senja Close EC Bukit Panjang is served by three major expressways, namely Bukit Timah Expressway (BKE), Pan Island Expressway (PIE) and Kranji Expressway (KJE). All these expressways allow residents to get to Central Business District (CBD) quickly.

Weave Living, the integrated rental accommodation provider with headquartered in Hong Kong, has continued its expansion into Japan with the acquisition of nine new multi-family residential properties in prime locations in Tokyo.

The news follows the launch of a wholly owned Japanese subsidiary in April 2023, and the establishment of a Tokyo office and the appointment of industry veteran Daisuke Noguchi as Japan country head. Noguchi was previously head of acquisitions at Allianz Real Estate, and the Tokyo office is now run by twelve employees, across asset management, leasing, operations and development.

Three of Weave’s properties were opened, located in Waseda, Monzennakacho and Higashi-koenji, on November 3. The company plans to make further acquisitions over the coming months to expand their presence in Tokyo and Osaka.

Founder and group CEO of Weave Living, Sachin Doshi has commented, “Our aim is to grow our Japan AUM [asset under management] to over US$1.5 billion, representing more than one-third of our overall asset base by 205”.

This marks the third South East Asian market that Weave Living has expanded into, with Hong Kong and Singapore being the other two. The one-bedroom unit at Monzennakacho in Tokyo (Photo: Weave Living) showcases Weave’s already strong presence in the Japanese Real Estate market.