Disposals Tokyo
Summer 2025
Wander Tokyo, Shibuya, Japan
Anglo Fortune team bring strong execution expertise and knowledge to our clients.
In February 2023, we acquired the ACT Shibuya hotel for JPY 2.8B. The hotel was acquired circa JPY 30 M/key which represents a 40% discount to pre-Covid levels of JPY 50M/key. We structured the deal with a GK/TK structure under the Singapore VCC and attained financing of 56% at 2%.
We modelled the deal with ADR of JPY 10,000 at 85% occupancy. Our projected stabilized and exit ADR in 2028 is JPY 15,000 at 87% occupancy.
The asset’s performance surpassed our projections. In June 2025, we successfully exited the hotel to a large private equity firm. We retuned an exceptional IRR to our clients.
The deal was transacted via strong origination and negotiation skills. Speed of implementation is our winning formula. As performance-based investment managers, our asset selection and timing is most crucial for success. We pride ourselves to pick the best assets using our top-down investment models and skills. We identify the opportunities that excite us, and we present them to our clients for acquisition. We then challenge ourselves by pushing the operational performance to meet the expected returns. We bring the same skills and tenacity to each asset that we acquire in the portfolio.