ODYSSEY ANNOUNCES SUCCESSFUL

CLOSING OF THE ODYSSEY JAPAN

BOUTIQUE HOSPITALITY FUND Apr 8, 2020 | Press Releases, Uncategorized | 0 comments

For Professional Investors Only as de1fined in the Securities and Futures Ordinance (Cap 571, Laws of Hong Kong) and its subsidiary legislation. For Accredited Investors Only as de1fined in the Securities and Futures Act (Cap. 289) and its subsidiary legislation. The scheme is not authorised or recognised by the Monetary Authority of Singapore and interests in the scheme are not allowed to be offered to the retail public.

Odyssey is pleased to announce the successful closing of the Odyssey Japan Boutique Hospitality Fund on 31st March 2020. We are excited to announce the Fund has captured over US$ 50 million of gross assets

under management and is in a well-positioned to acquire additional quality assets to the portfolio. The Fund is a culmination of 2 years of strategic planning, selection of key partners, capital raising and execution by our Japan CRE team to deliver a Japan focused, unique hospitality real estate value-add and repositioning strategy.

We would like to take this opportunity to thank all of our investors who have invested into the Fund and participated in this undervalued real estate sector. We would also like to thank our partners who have joined us on this exciting journey and for their invaluable support. Odyssey continues to see opportunity in the Japanese Hospitality sector and believe we are only at the beginning of the cycle, so much so, we will be launching Fund II in the coming months. If you would like to receive the details once launched, please register your interest with Jeff Hiew.

TIMELINE AND KEY MILESTONES OF THE FUND

OVERVIEW OF THE ODYSSEY JAPAN BOUTIQUE HOSPITALITY INVESTMENT STRATEGY

The Odyssey Japan Boutique Hospitality investment strategy aims to leverage the current dislocation and lack of supply in the Japanese Boutique Hospitality sector. The strategy focuses on access to unique properties that can be repositioned into high-yielding, income-producing boutique luxury hospitality real estate assets which embody the beauty & refinement of Japanese culture and design and in turn, attract the affluent domestic and international traveller.

The primary real estate the Fund targets are:

1. Ryokan’s in key tourism destinations with high demand from both domestic and international tourists 2. Historical & heritage buildings can be converted into boutique hotels 3. Machiya’s primary in the Kyoto region 4. Existing boutique hotel assets in key cities with growth and optimisation potential

The Fund’s investment strategy leverages the following key investment thematics and underlying market factors:

• Long term structural drivers supported by “Abe-nomics” and Japanese government initiatives.

• The Japanese hospitality market is one of the few developed-economy real estate markets still delivering attractive yields.

• Limited supply of boutique hotel lodgings to meet both domestic and international market demand.

• The Fund targets a +15% IRR (levered), which includes an 8% preferred dividend paid bi-annually.

• The fund presents a great alternative solution that is price on the NAV of real assets and uncorrelated to the equity markets.

If you like to hear about future Japan real estate investment opportunities, please contact Jeff Hiew

For more information on our strategy please take a look at our Fund Presentation. To see the latest report from CBRE con3firming our strategy click Here. To see how our strategy and our rm has been captured in the media, follow this Link. To see Odyssey view on COVID-19 click Here.

FUND ASSETS & PIPELINE

1st Acquisition – Kagetsu – Onsen Ryokan in Niigata

2nd Acquisition – Project Falcon – Machiya portfolio conversion in Kyoto (completion date in Q2 2020)

3rd Acquisition – Hanaya – Onsen Ryokan in Tottori

Port Moji Project – Heritage building conversion in Kitakyushu (government lease to be finalised in Q3 2020)

Syndicate Shion – Onsen Ryokan near Nagoya (target settlement Q2 2020)

WHO IS ODYSSEY

The Odyssey Group Ltd is Asia’s leading mid-market Alternative Asset Manager providing differentiated and bespoke investment solutions across multiple asset classes, including alternative credit, real estate, private equity, and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest with its clients.

The Odyssey team comprises over 40 experienced asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors, each with an average of 25 years of financial, execution and operational experience across the Asia Pacifi6c, Europe, and North America.

This experience allows the Odyssey team broad regional industry expertise, insight into global macro and geopolitical trends, and a powerful network of global relationships.

When clients partner with the Odyssey Group of companies, they bene6t from the breadth and depth of expertise with the entire rm working in unison to achieve a targeted outcome. Our innovative approach allows us to generate attractive investment returns within the context of a prudent and long-term horizon.

Odyssey employs the highest quality people as partners in our business while pursuing the highest standards long-term and aligning our interests with our investment partners. It is our mantra to be the ‘trusted partner’ for our clients’ needs.

If you would like to receive further details on the company or some of the most attractive alternative investment opportunities Asia has to offer, please get in touch with us.

CONTACT

We would be more than happy to have an informal discussion regarding the services we offer and the current opportunities we are looking at, please contact us at: contact@odysseycapital-group.com Disclaimer

Odyssey Group Limited, Suite 1102, 11/F, The Lucky Building, 39 Wellington Street, Central, Hong Kong