Key Takeaways
- • Nomura Real Asset Investment Co., Ltd. established a private real estate fund on March 27, 2026 to acquire Centara Grand Hotel Osaka, marking its first move into hotel assets.
- • Nomura Real Asset will act as asset manager, overseeing acquisition and management of the 515-room upper upscale property in Osaka's Namba area.
- • The fund's equity investors include an investment company funded by Nomura Holdings alongside multiple institutional investors and other parties.
- • Nomura Real Asset currently manages private real estate funds with more than 140 billion yen in assets under management, focused on core to value-add strategies.
- • The firm plans to use the Nomura Group network to develop private market products for individual investors.
Summary
Nomura Real Asset Investment Co., Ltd. (Nomura Real Asset), together with Nomura Holdings, Inc. and Nomura Real Estate Holdings, Inc., announced on March 27, 2026 that they have established a private real estate fund to invest in Centara Grand Hotel Osaka. Nomura Real Asset will serve as the fund's asset manager and will oversee the acquisition and management of the property. The companies described the transaction as a significant milestone for Nomura Real Asset's investment management platform and as the firm's expansion into hotel assets.
The fund will acquire the hotel through Osaka Namba Investors GK, the buyer. Its equity investors include an investment company funded by Nomura Holdings, as well as multiple institutional investors and other parties. After the acquisition, Nomura Real Asset will work with the hotel operator to enhance profitability in line with market trends while preserving the property's brand value and service quality. The announcement did not disclose the purchase price.
According to the release, Nomura Real Asset sees hotels as an asset class offering flexibility in responding to demand fluctuations and potential added value through operational improvements. The firm also aims to capture revenue opportunities from Osaka's growth as a tourist destination, leveraging the property's location, size, and facilities in a competitive large-city market serving both inbound and domestic guests.
The property, located at 2-6-9 Nambanaka, Naniwa-ku, Osaka, was completed on March 27, 2023. It has 515 guest rooms, 34 stories above ground plus a penthouse level, and a total floor area of 39,131.08 square meters. It operates as an upper upscale hotel with accommodation, restaurants and bars, a spa, and banquet and meeting facilities. The release notes its Minami/Namba location attracts large numbers of domestic and international travelers.
Nomura Real Asset currently manages private real estate funds with more than 140 billion yen in assets under management, serving domestic and overseas institutional investors primarily through core to value-add strategies. The company said it has been stepping up efforts to identify new investment opportunities in light of market conditions and evolving investor needs. Going forward, it plans to leverage the Nomura Group's network and expertise to develop private market products for individual investors and to enhance its investment management capabilities for medium- to long-term asset growth.
The fund will acquire the hotel through Osaka Namba Investors GK, the buyer. Its equity investors include an investment company funded by Nomura Holdings, as well as multiple institutional investors and other parties. After the acquisition, Nomura Real Asset will work with the hotel operator to enhance profitability in line with market trends while preserving the property's brand value and service quality. The announcement did not disclose the purchase price.
According to the release, Nomura Real Asset sees hotels as an asset class offering flexibility in responding to demand fluctuations and potential added value through operational improvements. The firm also aims to capture revenue opportunities from Osaka's growth as a tourist destination, leveraging the property's location, size, and facilities in a competitive large-city market serving both inbound and domestic guests.
The property, located at 2-6-9 Nambanaka, Naniwa-ku, Osaka, was completed on March 27, 2023. It has 515 guest rooms, 34 stories above ground plus a penthouse level, and a total floor area of 39,131.08 square meters. It operates as an upper upscale hotel with accommodation, restaurants and bars, a spa, and banquet and meeting facilities. The release notes its Minami/Namba location attracts large numbers of domestic and international travelers.
Nomura Real Asset currently manages private real estate funds with more than 140 billion yen in assets under management, serving domestic and overseas institutional investors primarily through core to value-add strategies. The company said it has been stepping up efforts to identify new investment opportunities in light of market conditions and evolving investor needs. Going forward, it plans to leverage the Nomura Group's network and expertise to develop private market products for individual investors and to enhance its investment management capabilities for medium- to long-term asset growth.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.