Launch of “WealthPark Alternative”, the Fractional Ownership Management DX Platform for Property Managers
WealthPark Co., Ltd. (Headquarter: Tokyo Shibuya, CEO: Ryuta Kawada, “WealthPark”) will launch “WealthPark Alternative”, a digital transformation (DX) platform for fractional ownership designed for Property Managers.
To accelerate WealthPark’s fintech business including “WealthPark Alternative”, we are pleased to announce the appointment of Masayoshi Kikuchi, former CTO of Money Design Co., Ltd., as VP of Product (Fintech).
We are excited to announce the following companies currently using “WealthPark Business”, the property management SaaS solution, will adopt “WealthPark Alternative”. The companies include Hothouse Co., Ltd., Housing Properties Co., Ltd., KOSUGI Real Estate Co., Ltd., and WIN WIN Properties Japan Co., Ltd. (in alphabetical order).
For companies interested in building fractional ownership businesses with us, please reach out to “WealthPark Alternative” Team (contact details provided below).
Overview of “WealthPark Alternative”
“WealthPark Alternative” supports the digital transformation (DX) of Property Managers’ fractional ownership management for investors.
It will provide an all-in-one solution from capital sourcing for fractional investment deals to interim asset management, and it will allow Property Managers to provide complete portfolio management across investors’ other asset holdings by utilizing the function from “WealthPark Business”.
A Word from Lighthouse Customers (in alphabetical order)
Mr. Shuji Kosugi, CEO of KOSUGI Real Estate Co., Ltd.
“Fractional ownership is a new asset management product concept for property investors. We would like to utilize WealthPark’s platform to advise, operate, and manage fractional products.”
Mr. Yoshiaki Iketani, CEO of Takuto Property Co., Ltd.
“We are very looking forward to the impact “WealthPark Business” x “WealthPark Alternative” will bring to the real estate industry.”
Mr. Yusuke Tajima, Chairman and CSO of Hothouse Co., Ltd.
“We hope that this initiative will increase liquidity in Japan’s real estate market and also revitalize local communities. We always strive to provide a variety of services to our clients and hope the adoption of this service will become one of our strengths.”
Daiki Yanagihara, CEO of WIN WIN Properties Japan Co., Ltd.
Junko Wu, CEO of WIN WIN Properties LLC
“Congratulations on the annoucement of “WealthPark Alternative”! This is a platform that enables investors to reinvest their monthly rental income on fractional basis to increase returns. This will allow investors to have more options for capital raise, especially for those assets that banks have difficulty lending. We have just launched our real estate fund and we plan to provide these functions to our customers. We look forward to more innovation and digitization led by WealthPark in Japan’s real estate market.”
Inquiry about “WealthPark Alternative”
We look forward to receiving inquiries from companies interested in a digital fractional ownership businesses. Please find the contact details below:
“WealthPark Alternative” Customer Service Centre
New VP of Product (Fintech) Masayoshi Kikuchi’s Profile
Graduated from The Graduate School of Science and Engineering, Tokyo Institute of Technology. At NEC, he was mainly in charge of the development of core business systems for securities firms. In 2007, he joined Simplex Co., Ltd. and introduced trading risk management systems for stocks, bonds, FX, and derivatives to various financial institutions. Joined Alpaca Japan Co., Ltd. in 2017. Introduced FX forecasting and algorithmic trading systems using deep learning. In April 2018, he joined Money Design Co., Ltd. as a product development manager and in July of the same year, he was appointed as the CTO of the Company. In March 2021, he was appointed as VP of Product (Fintech) at WealthPark.
About WealthPark Co., Ltd
WealthPark provides digital solutions that promote business efficiency to Property Managers. Our service is widely used by many Property Managers both domestically and abroad. In addition, WealthPark Mobile App, an effective communication tool between Property Managers and its customers (property investors), is currently available in four languages (Japanese, English, Traditional Chinese, and Simplified Chinese) and serves 14 countries/regions.
Our team consists of 102 members with diverse experience related to real estate, investment banking, consulting, manufacturing, e-commerce, and so forth. Approximately half of them are foreign nationals from 12 different countries.
Company Address：3F Mitomi New Bldg. 1-20-18, Ebisu, Shibuya-ku, Tokyo 150-0013, Japan
Capital：JPY 1.758 Billion (as of February, 2021)
No. of Employees：102 (as of 22 March, 2021)
Locations：Hong Kong, New York, Shanghai, Taipei, Tokyo
Service Coverage Areas： Canada, China, France, Hawaii, Hong Kong, Italy, Japan, Macau, Malaysia, Taiwan, Thailand, United Kingdom, United States
■About WealthPark Careers
WealthPark aims to expand digital asset management services for alternative investments with the use of cutting-edge technology. We are actively hiring to expand our team to enter new markets. For more details, please visit our careers page (https://wealth-park.com/ja/corporate/careers/).
＜For inquiries related to this press release＞
Please contact the WealthPark PR department at firstname.lastname@example.org.