PhillipCapital Enters Japanese Real Estate Market.Tokyo, Japan, Feb 10, 2006 - (JCN JCN - Jane's Combat Network JCN - Japan Corporate News JCN - Jewish Congregational Network JCN - Job Control Number JCN - joint communications network (US DoD) JCN - Journal of Cardiovascular Nursing JCN - Journal of Child Neurology JCN - Journal of Christian Nursing JCN - Journal of Cognitive Neuroscience JCN - Journal on Communications Networks (IEEE Communications Society) Newswire) - PhillipCapital, an integrated financial services group headquartered in Singapore, announced today the establishment of PhillipCapital Real Estate Japan YK YK - Yakovlev (Soviet aircraft designer) YK - Yellowknife (Northwest Territories, Canada) YK - Yhdistyneet Kansakunnat (Finnish: United Nations) YK - Yleistä Keskustelua (Finnish) YK - Yoko Kanno (composer and musician) YK - You Know YK - Yukon Territories (President, C. Jeffrey Char (CHARacter) In programming, the mnemonic for declaring a variable or array that holds alphanumeric characters. Pronounced "char" or "car," the C statement char OneChar; declares a single-byte variable named "OneChar," which holds one character. The declaration char InBuff[1000]; reserves a 1,000 byte array named "InBuff.") to enter the Japanese real estate investment market. The new company will focus on investing in residential properties in central Tokyo and funds for these investments are being raised from Singaporean investors. The initial size of the fund is estimated to be approximately 10 billion yen, but the company may increase the fund depending on market circumstances and investor sentiment. In November 2005, the company already purchased an apartment building in the upscale Nishi Azabu area of central Tokyo. The company expects to aggressively step up its investments in prime properties with the assistance of its asset manager, Mori Urban Planning urban planning: see city planning. Corporation. According to Mr. Char, "Real estate investment represents an exciting opportunity for us to expand into a new business area and increase our activities in Japan. We look forward to working closely with Mori Urban Planning to achieve our goals." About PhillipCapital Real Estate Japan YK PhillipCapital Real Estate Japan YK invests in prime residential properties in central Tokyo. PhillipCapital Real Estate Japan was founded in 2005 and is a member of the PhillipCapital group of Singapore. The Company is located in Tokyo, Japan. About PhillipCapital Group PhillipCapital is a group of companies which offers a full range of quality and innovative financial services to retail, corporate and institutional customers. PhillipCapital is an integrated financial services provider with approximately 3000 staff in Asia and Europe and total shareholders' funds in excess of US$300 million. In Japan, member companies include PhillipCapital Japan, PhillipCapital Real Estate Japan, Phillip Financials, and Naruse Securities. Source: PhillipCapital Group Contact: C. Jeffrey Char PhillipCapital Japan KK Tel: +81-3-3595-3631 Fax: +81-3-3595-3630 e-mail: info@phillip.co.jp http://www.phillip.co.jp Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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