SC Capital Partners Group, a Singapore-based institutional real estate investment management firm, has raised US$900 million at the final closing of its sixth opportunistic Asia-Pacific real estate fund, Real Estate Capital Asia Partners VI.

Recap VI focuses on growth-oriented, opportunistic investments across the developed markets in Asia-Pacific, employing a thematic investment approach that leverages SC Capital’s specialist in-house operating platforms in the key areas of technology and hospitality.

To date, the fund has committed more than 70% of the total raised equity, with 44% allocated to Japan, specifically in the hospitality and data centre sectors.

Investments include the acquisition of a portfolio comprising 27 hotels in Japan, managed by Japan Hotel REIT Advisors, a specialist in local hotel asset management and operations, and a majority-owned subsidiary of SC Capital Partners.

This investment leverages the firm’s extensive expertise and operational capabilities, positioning it to capitalize on the growing demand from both inbound and domestic travellers.

The fund is also developing a data centre campus in Osaka, Japan, and a hyperscale facility in Bucheon, South Korea, in collaboration with SC Zeus Data Centers, the firm’s in-house data centre operating platform.

These investments align with Recap VI’s strategy of targeting sectors driven by long-term macro trends, which continue to experience strong demand fuelled by digital transformation and the expanding cloud infrastructure across the Asia-Pacific region.

“Despite ongoing challenges in global capital markets, we remain optimistic about the Asia-Pacific real estate sector,” says SC Capital founder and chairman Suchad Chiaranussati.

“We continue to identify compelling opportunities, particularly in Japan’s hospitality sector, the data centre market, and the industrial and logistics sectors, all of which are underpinned by strong long-term fundamentals.”

Recap VI received strong support from a diverse group of institutional investors, including sovereign wealth funds, corporations, and top-tier institutional investors.

SC Capital says the fund’s ability to provide access to high-quality, platform-driven investments has been a key differentiator in attracting this global investor base.