Singapore-based real estate investment manager SC Capital Partners has secured a new capital commitment from Canada Pension Plan Investment Board ( CPP Investments ) for its Japan hospitality strategy.
The strategy continues to acquire, reposition, and operate hospitality-related investments across Japan.
The latest capital commitment is backed by a consortium comprising CPP Investments and an existing global institutional investor, which has been investing in the strategy since 2022.
Together, the investors have made an initial commitment of up to 51.7 billion yen ( US$330 million ), with capacity to increase the total commitments up to 112.7 billion yen. CPP Investments will invest up to 25.4 billion yen, or US$162 million, in the initial commitment.
Japan’s hospitality sector is underpinned by strong inbound tourism recovery, supportive government initiatives, and resilient domestic demand. SC Capital Partners says it will leverage its deep local expertise and on-the-ground presence to pursue opportunities across the increasingly competitive business.
Welcoming the new partnership, SC Capital Partners founder and chairman Suchad Chiaranussati comments: “Japan remains one of the most attractive hospitality markets in Asia, and competition has intensified meaningfully with the influx of global institutional capital. In this environment, strong local networks, disciplined underwriting, and robust on-the-ground execution are the critical differentiators for dealmaking.”
Gilles Chow, head of real estate, Asia-Pacific, at CPP Investments, adds: “This partnership gives us access to high‑quality opportunities and the execution capabilities to convert these tailwinds into long‑term value for CPP contributors and beneficiaries.”