AD Works Enters Real Estate Crowdfunding With REALE Platform

AD Works Group announced on September 10 that its subsidiary AD Works had launched REALE, a real estate crowdfunding service. It also released subscription details for the first fund, which targets U Residence Ebisu, an apartment building in Mita 2-chome, Meguro Ward. The company had acquired the property in June 2025.

The four-story building was completed in 2016 and stands a 13-minute walk from both Ebisu Station and Meguro Station. The expected pre-tax yield is 6.5%, consisting of a 2.7% capital distribution and a 3.8% income distribution, over a six-month investment period beginning October 13, 2026. The total offering is JPY 462 million in the preferred investment portion, with units priced at JPY 10,000 each and up to 46,200 units offered by lottery.

AD Works offers real estate investment products including whole income-producing buildings, fractional real estate products and sectional office products, and its ARISTO fractional real estate product line has surpassed JPY 50 billion in assets under management. For the crowdfunding business, the company plans to source and supply properties itself at the outset and to shift to a non-asset model over time.

Growth in the real estate crowdfunding market has paused. According to Glowship Partners, total subscriptions in 2025 came to approximately JPY 171.1 billion, roughly flat year on year, with only five new entrants. AD Works has stepped into the market as it moves toward a phase of consolidation.

Key Facts

• Property Name: U Residence Ebisu
• Owner: AD Works Co., Ltd.
• Acquisition Date: June 30, 2025
• Completion: 2016
• Number of Floors: 4F (reinforced concrete construction)
• Unit Layout: 1K (studio with separate kitchen)
• Location: 2-13-16 Mita, Meguro-ku, Tokyo
• Nearest Stations: 13-minute walk from Ebisu Station on the JR Yamanote Line / 13-minute walk from Meguro Station on the JR Yamanote Line
• Fund Overview
• • Fund Name: Ebisu Whole-Building Residence
  • Operator: AD Works Co., Ltd.
  • Expected Yield (pre-tax): 6.5% (capital distribution 2.7% / income distribution 3.8%)
  • Planned Investment Period: October 13, 2026 to April 12, 2027
  • Total Offering Amount: JPY 462 million (preferred investment portion)
  • Investment Unit: JPY 10,000 per unit (minimum 1 unit, maximum 46,200 units)
  • Offering Period: September 16, 2026, 12:00 to September 30, 2026, 9:00
  • Offering Method: Lottery