Aegis Asia to Launch Premium Residential Project "MODO Roppongi" Next Year

Spacious 60-square-meter Average Unit Size
From Singles and Couples to Expat Families
Differentiating from Tokyo’s Small Rental Housing

Aegis Asia's urban residential investment and operations platform, "MODO," is set to launch its premium housing project "MODO Roppongi" in Roppongi, Tokyo.

On August 5, Aegis Asia announced that MODO will complete the repositioning of an asset in Roppongi, Minato-ku, Tokyo, over the course of approximately 10 months, with operations for MODO Roppongi scheduled to begin in the second quarter of next year.

MODO is an investment and operations platform established in Japan by Aegis Asia, the Asian investment arm of Aegis Asset Management. The company leads the entire project on-site, from asset sourcing and structuring to the development and execution of operations strategies.

The property in question was built in 2013, consists of 14 floors above ground, and contains 37 units. The average exclusive area is about 60 square meters. Located just a five-minute walk from both Roppongi Station and Azabu-Juban Station, the property sits in one of Tokyo's key residential zones, adjacent to landmarks such as Tokyo Tower, Azabudai Hills, and Roppongi Hills.

MODO Roppongi is a premium rental housing product that combines flexible living options for both short- and medium-term stays. The units’ floor plans, interiors, and common areas have been newly designed, and flexible leasing terms will be introduced, allowing residents to choose based on their lifestyle and intended length of stay. In particular, in Tokyo's rental market, where such professionally managed products are rare, the living flow of multinational residents has been reflected throughout the space. The property will also include exclusive lounges to support residents’ work and relaxation.

The property stands out for its diverse unit composition. Studio units of 40 to 50 square meters are designed for one- or two-person households in central Tokyo, while larger units of up to 70 square meters feature high-end furnishings, appliances, and enhanced residential convenience, targeting expat families, corporate housing for global companies, and high-income dual-income households. Some units can be leased for stays ranging from a single day to several weeks, enabling residents to feel at home in downtown Tokyo regardless of their length of stay.

Operations will be managed by local Japanese professionals. MODO’s core management includes a former CEO of a JR East residential operating company, an individual with over 15 years of experience managing luxury rental housing for high-income foreign and corporate clients, including projects such as "Meguro Mark Residence Tower," "Takanawa Gateway City Residence," and "Oimachi Trax Residence." An operations expert with nearly 10 years of experience at Asia’s flexible living provider Dash Living has also joined the team, having expanded the operational portfolio from five to more than 20 assets in cooperation with global institutional investors, thereby contributing to high occupancy levels and stable revenue. The founder of capsule hotel brand "9h Hours" (Nine Hours) is also on board, bringing 17 years of expertise in hospitality, having led operational model development and brand expansion from the initial stages to 29 locations across Japan.

Spatial design and architecture are handled by "Keiji Ashizawa Design" (KAD), one of Japan's leading architecture and design studios. KAD has been involved since the early stages of the investment review, designing residential and common spaces optimized for MODO’s operational strategy, and selecting premium furniture, lighting, and lifestyle accessories.

Aegis Asia established MODO and has provided responsible capital investment while overseeing all platform investments. To secure the competitiveness needed for growth in close cooperation with institutional investors, the company has focused on sourcing outstanding local talent. Through product planning and professional operations that meet the needs of global institutional investors, MODO aims to secure both capital gains from asset appreciation and stable cash flows.

Oh Hyunseok, CEO of Aegis Asia, stated, "Japan, with its robust economic base and strong residential demand in major metropolitan areas, is a strategically important market for global investors. At the same time, as the investment environment evolves, the importance of proactive value enhancement strategies and responsible local operational capabilities is increasing."

Lim Minhyeok, Senior Manager of the CM Division at Aegis Asset Management, commented, "MODO Roppongi is ideally positioned for MODO to launch its investment and operations strategy. In addition to its locational competitiveness, the asset has the potential to enhance both value and cash flow through proactive value-adding and operational efficiency."

This content was produced with the assistance of AI translation services.