Global Fund Manager Opens Office in Japan
Press Release | October 16, 2023
Building on the growth of its Asian footprint, Salter Brothers has now opened an office in central Tokyo, Japan, complementing its existing office in Singapore.
The Japan office has both investment and asset management team members and will be led by Rahul Ghai, Managing Director for Asia.
The office will be situated at Roppongi Hills Mori Tower.
Salter Brothers recently announced a strategic partnership with TC Hotels & Resorts Beppu Corporation, a wholly owned subsidiary of Tokyo Century Corporation, to pursue hotel and hospitality opportunities in Japan. The partnership covers both existing and new assets, allowing Salter Brothers to apply its experience to the Japanese market in refurbishing, rebranding and repositioning existing assets with international operators. Salter Brothers has subsequently assumed asset management of ANA InterContinental Beppu Resort & Spa.
Paul Salter, Managing Director of Salter Brothers, stated “We are fully committed to Japan and Asia. This is the right time to open an office in Japan and Rahul’s firsthand experience on the ground and network throughout Japan will play a pivotal role to Salter Brothers’ shape and future in the region.”
Rahul joined Salter Brothers in November 2023 and has been leading the company’s Asian operations. He said that “setting up a local office in Tokyo will better service Salter Brothers’ growing operations and expand our presence in Asia, which is necessary when pursuing value add type strategies.”
Salter Brothers will be making further announcements shortly.