List Asset Management Acquires Beneficial Interests in Two Multifamily Properties in Kawasaki and Yokohama

List Asset Management Co., Ltd. announced on December 19, 2025, that an SPC established by the company has acquired the beneficial interests in trust of two multifamily residential properties located in Kawasaki City and Yokohama City—La Maison Kawasaki Rokubankan and Mare Yokohama Shirogane—and that Restore Asset Management has been appointed as asset manager for the assets.

La Maison Kawasaki Rokubankan is an 11-story rental apartment building with 124 units located in Asahi-cho, Kawasaki Ward, Kawasaki City. The property was completed in March 2022 and is situated a six-minute walk from Minatomachi Station on the Keikyu Daishi Line and an 11-minute walk from Keikyu Kawasaki Station on the Keikyu Main Line. Mare Yokohama Shirogane is a seven-story, 54-unit residential property located in Shirogane-cho, Minami Ward, Yokohama City. Completed in March 2006, the property benefits from a prime transit-oriented location just a two-minute walk from Koganecho Station on the Keikyu Main Line.

List Asset Management is a subsidiary of List Co., Ltd., which reported consolidated revenue of JPY 56.2 billion for the fiscal year ended December 2024. Under its “Yokohama–Shonan REIT Concept,” the company has been actively acquiring properties through SPCs in the Tokyo and Kanagawa areas, with a longer-term view toward launching a publicly listed J-REIT. Leveraging synergies within the List Group, the company has continued to expand its acquisition pipeline, and the purchase of these two assets is seen as part of that broader strategy.

Key Facts

• Buyer: SPC established by List Asset Management Co., Ltd.

• Seller: Undisclosed

• Transaction Price: Not disclosed

• Acquisition Date: December 19, 2025

• Property Name: La Maison Kawasaki Rokubankan

  • Location: 1-1-1 Asahi-cho, Kawasaki Ward, Kawasaki City, Kanagawa Prefecture

  • Access: 6-minute walk from Minatomachi Station (Keikyu Daishi Line); 11-minute walk from Keikyu Kawasaki Station (Keikyu Main Line)

  • Completion: March 2022

  • Number of Floors: 11F

  • Structure: Reinforced concrete (RC)

  • Gross Floor Area: Approx. 1,215 tsubo (approx. 43,600 sq. ft.)

  • Total Units: 124

• Property Name: Mare Yokohama Shirogane

  • Location: 1-16-1 Shirogane-cho, Minami Ward, Yokohama City, Kanagawa Prefecture

  • Access: 2-minute walk from Koganecho Station (Keikyu Main Line)

  • Completion: March 2006

  • Number of Floors: 7F

  • Structure: Reinforced concrete (RC)

  • Gross Floor Area: Approx. 380 tsubo (approx. 13,600 sq. ft.)

  • Total Units: 54