PATRIZIA appoints new country manager for Japan
PATRIZIA has appointed Takehiko Uehara as country manager for Japan, effective immediately, reporting directly to the company's Co-CEO Thomas Wels. His formal job title in the Japanese business is Representative Director & President of PATRIZIA Japan KK.
Uehara is a highly experienced leader and pioneer in the Japanese real estate sector. Previously he was the Chief Investment Officer (CIO) of PATRIZIA Japan KK and prior to that the CIO of KENZO Capital Corporation. Before joining KENZO, Uehara was Deputy President & COO of Genkai Capital Management, a renowned real estate asset management company. From 2008 to 2016, he headed the Japanese subsidiary of Deutsche Pfandbriefbank.
“I’m really pleased that Uehara-san has stepped up to this new leadership role in an increasingly important growth market for PATRIZIA,” says Thomas Wels, PATRIZIA Co-CEO. “I am convinced Uehara-san will help us grow our institutional client relationships locally under one strong PATRIZIA brand and thereby attract more Japanese capital to our global real estate markets. At the same time, he will help develop attractive investment opportunities in Japan for our growing international client base.”
With the appointment of Uehara, the company has now successfully completed the integration of its Japan businesses with all investment, asset and fund management activities previously managed by KENZO, now assumed by PATRIZIA in Japan. PATRIZIA Japan KK was established in 2019 in order to acquire the fund business of KENZO Capital Corporation.
PATRIZIA with its strong track record in Asia has raised over EUR3 billion in equity over the past few years from Asian investors. PATRIZIA has been growing its reach in recent years and now has 24 offices globally, including client relationship hubs in Japan, Hong Kong, South Korea, Australia, and the US, as well as across Europe.
Over half of PATRIZIA’s institutional clients globally invest in multiple PATRIZIA products. With its presence in Japan, PATRIZIA gives Japanese institutional investors the opportunity to diversify their portfolios – for all asset classes, all risk profiles in all major European countries – via a local platform as part of an established pan-European organisation.