Barings, PAG, Integral, Mitsui Fudosan to Speak at Tokyo Forum

Japanese companies and investors held an estimated JPY 26.7 trillion ($169.8 billion) of real estate overseas in 2025, up 19 percent from a year earlier, according to Sumitomo Mitsui Trust Research Institute, and a panel at the Mingtiandi Tokyo Forum on Tuesday will hear from Barings Real Estate Australia’s James King and PAG’s Masami Takizawa on how that capital is working with fund managers and developers abroad.

The session on global opportunities for Japanese capital, moderated by Citco Fund Services executive vice president Xander Huang, will put King, head of investment management at Barings Real Estate Australia, alongside Takizawa, a PAG managing director who works closely with some of Japan’s largest investors on strategies covering all of Asia Pacific.

A panel on strategies for fund investors will apply a parallel theme to Japan’s domestic market, with Shai Greenberg, head of international capital at JLL Japan, moderating Takayuki Fukui of Mitsui Fudosan Investment Advisors and Tomohiro Sumiya of Integral Real Estate on the sectors and structures producing yield for fund managers in Japan this year.

Now in its third edition, the forum takes place at the Mandarin Oriental Tokyo on Tuesday 10 November, with more than 200 executives registered. Tickets remain available at the link above, and all 10 sessions will be streamed live on Mingtiandi’s MTD TV video platform for those who cannot attend in person.

Japanese Capital Abroad

King oversees investment management, strategy, product development and structuring, and capital raising across Barings’ equity and debt business in Australia, and sits on the Barings Real Estate Asia Pacific investment committee. He has more than 20 years of experience in investing and funds management across Australia, Asia and the Middle East, according to the manager.

A subsidiary of US insurer MassMutual, Barings continues to be one of the busiest overseas investors in Australian real estate, agreeing in late July to pay Dexus A$700 million ($491 million) for 480 Queen Street, a Brisbane office tower with BHP and PwC among its tenants. 

A Barings-led consortium agreed in June to buy Melbourne’s Moorabbin Airport from Goodman Group for A$1.5 billion and completed the purchase in the third quarter, and in September Barings and Aware Super opened a A$405 million build-to-rent project overlooking Melbourne’s Albert Park.

Japanese investors put more than $3 billion into Australian real estate in 2025 and more than $7 billion over the past three years, according to Cushman & Wakefield, which…