In 2006, CKS launched its first private placement real estate fund, PhillipCapital Japan Residential Fund, focusing on prime residential properties in Tokyo, managed by our own Fund Manager, Phillip Japan Fund Management.

The Fund has proven to be an astute investment, providing stable returns even amidst the global financial turmoil. Extensive resources have been committed to research and planning, and the Fund has benefitted from specialist knowledge in japanese real estate as well as in the areas of accounting, tax, legal and regulatory issues.

The Fund Management unit continues to be on the lookout for opportunities in real estate and aims to:

• deliver stellar investment vehicles investing into value retention properties, in all sectors; residential, commercial and industrial
• achieve stable mid- to long-term earnings and asset growth by investing in properties located in growth markets
• generate for investors a stable annual dividend yield as well as opportunities for significant capital gains

As Fund Manager for the real estate arm of PhillipCapital Group, the team will seek to grow and extend its business activities into the wider Asia Pacific region.