The Real Estate Crowdfunding Association held a ceremony on December 10 to commemorate its August merger with the Japan Real Estate Crowdfunding Association.
The event took place at the Second Members’ Office Building of the House of Representatives in Chiyoda, Tokyo.
A Unified Vision for Growth
Established in 2023, the two associations played distinct roles in the industry.
The Real Estate Crowdfunding Association specialized in database creation and information sharing, while the Japan Real Estate Crowdfunding Association focused on policy advocacy and self-regulation through a parliamentary league.
Their merger consolidates efforts to advance the real estate crowdfunding sector.
Leadership and Membership Expansion
The combined entity now represents 41 member companies.
Daizo Yokota, formerly chair of the Real Estate Crowdfunding Association, remains chairperson.
Executive members and guest parliamentarians attending the commemorative ceremony (fourth from the left in the photo is Chairperson Daizo Yokota). Courtesy of R.E. Port News.
Hiroyuki Sugimoto, previously co-chair of the Japan Real Estate Crowdfunding Association, has also joined the board.
Industry Trends and Future Goals
In his speech, Chairperson Yokota noted key industry trends:
Over 600 new crowdfunding projects launched.
More than ¥120 billion in funds raised.
Rising yields and shorter project durations.
He highlighted the advantages of real estate crowdfunding, emphasizing its accessibility for small-scale investors and resilience to monetary policy shifts. "It empowers individuals to achieve stable asset management," he said.
Looking ahead, Yokota outlined goals for the unified organization:
Establishing industry rules and guidelines to boost credibility.
Publishing databases to enhance transparency.
Increasing public awareness through industry reports.
Collaboration for Policy Impact
The association also plans to work with the Parliamentary League for the Promotion of Real Estate Crowdfunding to reflect industry voices in national policy, aiming for healthy market growth and expansion.
Source:
R.E. Port News (Japanese only)
