KJRM was founded in 2000 as a joint venture between Mitsubishi Corporation and UBS to carve out a new market in real estate fund management. Since then, we have supported metropolitan life and industrial activities in Japan within the real estate domain through our management of Japan Metropolitan Fund Investment Corporation (JMF), Japan’s largest diversified REIT, and Industrial & Infrastructure Fund Investment Corporation (IIF), the only industrial property J-REIT.

With the transfer of ownership to KKR, one of the world’s largest alternative asset management companies, in 2022, we launched a full-scale entry into the private fund solutions business. Reigniting the entrepreneurial spirit of our early years to take on the task of delivering innovative real estate solutions, our second growth phase is gathering momentum.

Real estate investment in Japan has reached a major turning point. Although investment demand for real estate is rising with inflation, corporations are increasingly adopting asset-light strategies with a view to improving capital efficiency. With needs growing among both investors and corporations, KJRM is leading the way, possessing a clear competitive advantage due to our private fund and listed REIT management capabilities, corporate real estate solutions and access to KKR’s value enhancement expertise.

Our new mission statement, “Unlocking Real Assets’ Future,” underscores this vision. It indicates a resolve to expand our field of value creation, encompassing a wide range of real assets in the future, not just real estate. We have also established four “Values” to guide our day-to-day conduct, helping to build a culture for implementing the mission. (See an overview of our mission here.)

We are a group of real estate professionals who have come together to pool our expertise and ideas, take on new challenges and generate new value. These are our “One Team” origins.

KJRM aims to be a leading real estate asset manager in Japan by 2027. The individual endeavors of all of us are the drivers that are shaping the company’s future. Grasp this opportunity to grow as a professional by joining us in these endeavors.