Local capital, global opportunities
The PERE Network’s Tokyo Forum 2025 took place on 5 June 2025.
Leaders from across Japan’s investor community gathered to explore shifting market needs, share strategies, and build resilience in a rapidly evolving region.
Attendees expanded their networks, gained actionable insights, and elevated their fundraising potential by connecting with global real estate’s most active private investors and managers.
Discussions set the tone for the next wave of outbound capital flows.
Stay tuned for details on the PERE Network’s Tokyo Forum 2026, where we’ll continue the conversation around Japan’s growing influence in global real estate.
Whitepaper: A growing wave of capital: Japanese & South Korean institutional investor appetite for global real estate
Access our latest comprehensive report which dives into the profound impact that Japanese and South Korean investment has had on the global real estate landscape over the past decade. Gain insights into the growing wave of capital arising from the region so you can strengthen your strategic position.
Why attend Tokyo Forum?

Boost your fundraising
Discover Japanese investor needs and align your investment strategies with their allocation appetite.

Gain strategic insight
Understand how to strategically position your portfolio to appeal to Japanese investors, learn from peers how to tailor to pitch to regional investors.
Better connections
Set up pre-event meetings and continue the conversation after the Forum with your membership to PERE Network. Gain access to 1,400+ investors and managers globally, regular monthly insights and online meetings with fellow industry leaders.
Apply for a complimentary Institutional Investor pass
A limited number of complimentary passes are available for allocators and institutional investors to join the event.
Complimentary investor passes are limited to foundations, endowments, trusts, insurance companies, single family offices, sovereign wealth funds and pension funds who are actively making fund commitments and do not engage in third-party fundraising activities or collect fees for advisory/consulting services.
Apply for a pass and a member of our team will follow up with you to secure your pass.
Thought leadership, branding and networking opportunities
Be part of thought-provoking discussions with leading institutional investors, fund and asset managers, developers, advisers, and strategic partners. Sponsorship gives you:
- VIP access
- Thought-leadership opportunities
- High-profile branding
- And much more…
For exclusive sponsorship packages for 2026, contact Charlotte Hung, our Global Business Development Manager of Real Estate at charlotte.h@pei.group.
Thank you to our 2025 sponsors
Pre-Event Resources
Connect, invest and succeed
Value that extends beyond the event
PERE Tokyo Forum attendees access unparalleled advantages that extend far beyond the scope of the event day. With the PERE Network membership, forum attendees expand their network, build lasting relationships and discover opportunities year-round through a personalized service plan that fits their needs.
Accelerate your fundraising
Find investors who match your investment strategies and set up meetings ahead of the event on our membership platform.
Expand your investor network
Showcase your profile ahead of the event and use our membership team to connect with the right decision makers.
Better connections
Access unique, critical insight exclusive to members throughout the year along with preferential rates to attend any event within the PERE Network portfolio.
The Network’s dedicated membership team will ensure your experience at the Tokyo Forum is first class with personalized introductions and timely roundtable discussions.
Connect with top LPs, build lasting relationships and discuss opportunities that will help take your firm to the next level with the PERE Network.
Unlock your fundraising potential at the forum and beyond with the PERE Network.
Unlock your firm’s potential at the Forum and beyond when you join the PERE Network.

Better connections with the PERE Network
Purchase 12 month membership to attend the Tokyo Forum, and enjoy exclusive access to:
- Our network directory of 1,400+ leading investors and fund managers for you to connect with
- Preferential rates to attend other PERE events in UK, America, Singapore and Seoul
- Invite-only peer groups, monthly webinars and knowledge hubs for deeper insights
Our network makes decisions that shape markets
We are a professional membership offering exclusive access to investors, a wide range of resources, thought leadership and more. The Network provides members with essential information on market trends, compliance topics, regulatory insights, useful tools, online and in-person events and a comprehensive resource library. Members have access to behind-the-scenes, closed-door conversations among a community of peers who share their knowledge and expertise within our trusted Network.
Tokyo Forum attendees get more
By attending the Tokyo Forum you will join real estate’s most influential global community, PERE Network. Membership will give you access to:
- PERE Connect – our new tailored networking service
- Content and insights to drive better decisions
- Access to the investor directory
- And much more …
Talk to our team to find out how the Forum and the PERE Network membership can help grow your firm.
PERE Global Events
Join our events globally to gain access to in-depth content, insights, and in-person networking opportunities with institutional investors. Contact our team to learn more.
Institutional Investors at PERE Tokyo Forum 2025
Complimentary passes are available for allocators and institutional investors to join the PERE Network’s Tokyo Forum.
Complimentary investor passes are limited to foundations, endowments, trusts, insurance companies, single family offices, sovereign wealth funds and pension funds who are actively making fund commitments and do not engage in third-party fundraising activities or collect fees for advisory/consulting services.
Apply for a pass and a member of our team will follow up with you to secure your pass.
Whitepaper: A growing wave of capital: Japanese & South Korean institutional investor appetite for global real estate
Access our latest comprehensive report which dives into the profound impact that Japanese and South Korean investment has had on the global real estate landscape over the past decade. Gain insights into the growing wave of capital arising from the region so you can strengthen your strategic position.

Investors at PERE Tokyo Forum
The forum is the largest meeting place for institutional and private investors, and other members of the real estate community in Japan.
Check out the benefits of joining the conference and who among your peers you will be joining. Apply for a complimentary pass for your or your team today.

Meet the biggest global funds
Network and arrange one-to-one meetings with the biggest and leading real estate managers before, during and after the event.

Network with your peers
Connect with your peers and understand their strategies and allocation approach to real estate.

Get the latest insights
Discuss the opportunities and challenges your peers are facing in the market.

Explore opportunities
Find investment opportunities across traditional and emerging sectors.
Apply for a complimentary Institutional Investor pass
A limited number of complimentary passes are available for allocators and institutional investors to join the event.
Complimentary investor passes are limited to foundations, endowments, trusts, insurance companies, single family offices, sovereign wealth funds and pension funds who are actively making fund commitments and do not engage in third-party fundraising activities or collect fees for advisory/consulting services.
Apply for a pass and a member of our team will follow up with you to secure your pass.
ローカル資本、グローバルな機会
2025年6月5日に開催される「PERE Tokyo Forum」で、日本の投資家のニーズを理解しましょう。
グローバルに活躍する不動産投資家、投資運用会社と交流することで、ネットワークを広げ、実用的な知見を獲得し、資金調達の可能性を広げましょう。
アウトバウンドや国内資本の流れ、将来の方向性を見極めましょう。

資金調達力の強化
日本の投資家ニーズを把握し、投資戦略を投資家のアロケーション意欲と一致させます。

戦略的洞察の獲得
2025年以降に投資家が注目するであろう主要セクターと戦略を理解しましょう。
より深い交流する場
PEREネットワークの会員になり、イベント前のミーティングを設定し、フォーラム終了後も会話を継続しましょう。1,400人以上の世界中の投資家や運用会社と交流し、月例市場洞察を毎月受け取り、業界リーダーとのオンラインミーティングに参加できます。
「PERE Tokyo Forum」でもっと素晴らしい交流を
参加者は全員、「PERE Tokyo Forum」のネットワーキング体験をさらに充実させるために作成されたプラットフォーム、「PERE Network」の12ヶ月会員権を取得します。
会員は、年間を通じて1,400人以上の投資家や運用会社と交流し、フォーラム参加者との事前ミーティングを設定したり、当日に直接会ったり、 フォーラム後に会話を再開したりすることができます。
機関投資家向け無料参加パスを申し込む
限定数となりますが、本イベントでは、アロケーターや機関投資家を対象とした無料な参加パスのご用意があります。
投資家向け参加パスは、財団、基金、保険会社、シングルファミリーオフィス、政府系ファンド、積極的に出資を行う年金基金に限定され、第三者による資金調達活動を行わず、助言やコンサルティングサービスに対する手数料を徴収していないことが条件となります。
お申し込みいただいた方には、弊社担当者よりパスの確保についてご連絡差し上げます。
Our leading advisory board in 2024
Interested in speaking at PERE Tokyo Forum? Please contact Rida Shaikh today.
Akihisa Hoshino
Associate General Manager, Alternative Funds Investment Department, Sumitomo Mitsui Trust Bank
Atsuko Iino
Head of Alternative Investment, Asset Management Department, National Pension Fund Association
Kazunari Yaguchi
Senior Executive Officer and Head of Real Estate Investment Department, Japan Post Bank
Get ready to connect with the most influential players in real estate
Access to the Tokyo Forum
Event access and 12-month Network membership –
US$4,045
Early bird pricing ends 7 March
Group Rate:
Purchase 3 or more passes in one transaction to unlock our group discount. Contact: luca.g@pei.group
Benefits include:
- All-access pass to the forum
- Full access to the PERE Network membership for a year
- Insights from + expert speakers
- Network with investors, fund managers and developers
- Access to exclusive networking events
- Matchmaking and networking platform
Investor pass
A limited number of complimentary passes are available for eligible allocators and institutional and private investors.
Limited to foundations, endowments, trusts, insurance companies, single family offices, sovereign wealth funds and pension funds.
Benefits include:
- All-access pass to the forum
- Full access to the PERE Network membership
- Insights from + expert speakers
- Network with investors, fund managers and developers
- Access to exclusive networking events
- Matchmaking and networking platform
View the 2026 agenda

Explore the 2026 agenda to see the key themes shaping this year’s PERE Tokyo Forum. Review the sessions focused on global capital trends, private credit, AI and data centres, and why Japan continues to stand out as a leading real estate market.
Have a topic that you think should be featured in the agenda? Contact Malathi Maratheyah today.
Agenda
Day 1 - Main Conference - Thursday 4th
Investors’ Breakfast Briefing; Real Assets Edition
- A yearly conference tradition bringing together Japanese institutional investors for a closed-door, intimate conversation on the state of real assets.
- A data-driven, honest discussion designed to surface real concerns, real sentiment, and real priorities for the year ahead.
- This year, investors in real estate and infrastructure come together in one room to compare perspectives and share what’s truly top of mind.
*Open to institutional investors only, email Emi Miyazaki (emi.miyazaki@pei.group) to RSVP.
Registration and Networking
View from the Commentary Box- PERE Editor recaps the biggest headlines of H1’26
- A recap of the most consequential breaking news and the top stories that defined global private real estate in H1 2026.
- Interpreting key data points that reveal how fundraising and transaction activity performed in the first 6 months of 2026.
- What these developments mean for investors heading into H2 2026 and the themes to watch for the rest of the year.
Opening Remarks from Conference Chair
Keynote Interview
Keynote Panel: Deploying Capital in 2026- Trends, Valuations, and Global Politics
- Where are the opportunities investors can’t afford to miss?
- How do valuation uncertainty, widening bid–ask gaps, and markets repricing at very different speeds influence deployment timing and the ability to hit investor return targets?
- How is global politics influencing ease of doing business and cross-border deals, and where long-term conviction continues to hold?
Break
Presentation
Panel: Global Managers’ Perspectives – Comparing Opportunities Across Regions and Sectors
- Which regions or sectors are genuinely outperforming expectations?
- What are managers seeing on the ground that investors can’t afford to miss?
- How are managers positioning themselves to capture the next wave of outperformance before everyone else sees it?
Lunch and Networking
Panel: Private Credit’s Next Phase - Where Real Estate Debt Still Delivers
- Where is real estate debt still offering compelling risk-adjusted returns, and how are structures evolving across regions and asset types?
- How is borrower demand shifting in 2026, and what types of deals are creating the strongest opportunities for private real estate lenders?
- How are investors allocating to real estate credit today, and which strategies are drawing the most conviction as the market enters its next phase?
Presentation
Panel: Investing in the Age of AI – The Race for Data Centres
- How is the AI economy reshaping the demand for data centres, and where do investors see the strongest opportunities for scaled deployment?
- Constraints around power, land, and capacity are creating both bottlenecks and competitive advantages – who is winning?
- How are investors assessing risk as data centres move from niche to core real asset strategies?
Break
Panel: Why Japan Is Still Asia’s Most Compelling Real Estate Opportunity
- What is driving Japan’s status as Asia’s most attractive real estate market, and how are investors positioning to capture the momentum?
- Where are pricing, changing demographics, and financing conditions creating opportunities that stand out relative to other global markets?
- How are domestic and international investors navigating currency dynamics, competition, and sector shifts as they scale their Japan strategies?
Investor Panel: Where Japanese Capital Goes Next – Doubling down on Real Estate
- What markets, managers, and strategies are winning capital?
- How are return targets, diversification plans, and sector preferences evolving as investors look to scale their portfolios?
- What’s falling out of favour as Japanese investors position for growth in 2027 and beyond?
5mins intermission (The following session will be co-located with Infrastructure Investor Tokyo.)
Closing Real Assets Keynote
Joint Cocktail Reception
Agenda
Day 2 - Friday 5th
Real Assets Workshop
Venue: TBC
- A practical, discussion-driven session exploring the most pressing themes shaping real estate and infrastructure.
*Open to all, email Genevieve Yap (genevieve.yap@pei.group) to RSVP.
Registration and Networking
PEI Opening remarks
Keynote Presentation
Keynote Panel: The rising convergence of real assets and real asset investing strategies
- The convergence trend: How power grids, data centres, fibre networks, and logistics assets are increasingly interdependent — and why investors should evaluate them as part of an integrated ecosystem
- Why leading LPs and GPs are shifting toward multi-asset operating platforms that combine energy access, digital capacity, and physical distribution advantages.
- How are GPs resourcing and realigning their real assets teams and strategies in light of growing convergence?
Break
After the break, the conference splits into two streams: Stream A for investors in infrastructure, and Stream B, which is most relevant for PERE attendees.
Panel: Spotlight on Energy Storage
- What new storage technologies are emerging — and how should LPs evaluate their risk-return and scalability?
- How are investors successfully navigating merchant risk, cashflow stability and other challenges in this sector?
- How should investors position storage exposure: direct investments, co-investments, funds, or project-platforms — and how does this integrate with their broader infrastructure and energy transition portfolios?
Panel: Infrastructure debt in the era of private credit ascendance
- What role will infrastructure debt play in private credit’s growth story?
- What does this mean for infra equity? Will AUM for debt begin to exceed equity?
- The fallout from the asset-backed lending phenomenon that is expediting private credit’s growth
Panel: What next for the Japanese Infrastructure market?
- The role of battery storage: Japan’s biggest infrastructure investing opportunity?
- How are corporates, GPs, and institutional investors collaborating on platform models?
- How are Japan’s energy transition goals, grid constraints, and electrification trends reshaping investment priorities across renewables, transport, and social infrastructure.
Panel: Infrastructure and Real Estate in private markets – understanding their role in the portfolio
- How should LPs distinguish the role of real estate versus infrastructure in delivering income stability, inflation linkage, diversification, and long-term capital preservation?
- What are the most important issues Japanese LPs should be aware of when building a resilient real assets portfolio?
Panel: Investing in private market vehicle types: Open vs Closed end funds
- Understanding structure vs. outcome: How the choice between open-ended and closed-ended vehicles shapes returns profile, pacing, liquidity, fees, and governance for real asset portfolios.
- Aligning duration and objective: Matching fund structure to the goal — stable income, inflation protection, platform growth, value creation, or transition / development exposure.
- Managing risk and alignment: Evaluating performance transparency, valuation practices, redemption management, and co-investment access across both models.
Panel: Hiring young talent into private markets in Japan
- How and where are LPs and GPs sourcing junior talent today? How have traditional recruitment streams changed?
- What uniquely Japanese barriers or opportunities shape this market?
- What does effective early career development look like in private markets?
Lunch and Networking
Women in Real Assets Networking Function
Venue: TBC
- A dedicated space bringing together women across real estate and infrastructure from Japan and around the world.
- An unmissable moment to meet senior leaders, rising talent, and industry changemakers from both asset classes in one place.
- High-impact networking designed to spark new relationships, new opportunities, and meaningful cross-sector connections.
*Open to all, email Genevieve Yap (genevieve.yap@pei.group) to RSVP.
2026 Speakers coming soon
Download the 2025 agenda to learn about the hottest topics that were discuss at the Forum.
Please contact Rida Shaikh for a discussion on key topics and speaking opportunities at the PERE Tokyo Forum 2026.
2025 Speakers
PERE Tokyo Forum 2025 brought together C-level executives and industry thought leaders to discuss the latest macroeconomic trends and share insights that shaped strategies and investment plans across the region.
Tomokazu Hanya
Managing Director and Deputy Head of Real Estate Headquarters, ORIX Real Estate Corporation
Jun Mizuno
Chief Portfolio Manager, Investment Strategy Dept., Head of Alternative and Fund Investment Management Team, Nippon Wealth Life Insurance
Yoshikazu Murase
Senior Manager of Alternative Investment Department and Real Estate Investment Office, Japan Post Insurance
Yoshitaka Todoroki
Managing Director, Private Market Investment Department, Government Pension Investment Fund (GPIF)
Megumi Watanabe
Head of Real Estate Investment Team, Alternative Funds Investment Dept., Sumitomo Mitsui Trust Bank












































