Tokyo, January 16, 2025 – Agility Asset Advisors Inc. (“Agility”) , a company primarily focused on managing domestic real estate assets for institutional investors, has entered into a new capital alliance. Established in January 2005, Agility became an integral part of the PhillipCapital Group (“PhillipCapital”) in January 2016 and is a wholly owned subsidiary of Agility Holdings Inc. (“AH”). Today, Agility embarks on a new journey by forging a strategic partnership with Gaw Capital Partners (“Gaw Capital”) , a leading real estate fund management firm based in Hong Kong and Singapore.

In preparation for this capital alliance, Agility will carry out a comprehensive group reorganization on October 29, 2024, with Agility's shareholders being an affiliate of PhillipCapital (registered in Hong Kong) and an affiliate of Gaw Capital (registered in Hong Kong) each holding 45% of the shares, with the remaining 10% being held by Mutual Links Co., Ltd. (registered in Japan), majority owned by Agility's founder and current president. This investment ratio was determined by PhillipCapital and Gaw Capital, who place importance on innovation and want to accelerate growth, to adopt a strategy that allows them to share a vision for the future while promoting their strategic alliance.

Strategic Synergy for Global Leadership

The collaboration between PhillipCapital, a Singapore-based integrated financial group, and Gaw Capital, a leading globally recognized real estate investment firm, marks a turning point for Agility. This partnership will combine PhillipCapital's strong financial base, global client base, and integrated financial experience with Gaw Capital's track record of adding strategic value to real estate investments. Both shareholders aim to enhance Agility's capabilities as a real estate management company by offering unparalleled investment opportunities and real estate management services to institutional investors worldwide.

This strategic alliance will enable agility:

• Double your experience: Leverage PhillipCapital's financial insight and market analysis to expand your global reach.

• Accelerating innovation: Leveraging Gau Capital's ability to restructure underutilized real estate to add new value.

• Expanding investment opportunities: Strengthening our appeal to institutional investors by providing cutting-edge real estate investment solutions.

Building a strong business foundation

Following this capital alliance, AH will take on the planning and promotion of the overseas business and REIT business, which were previously handled by Agility. The organizational restructuring accompanying this capital alliance will enable us to promote these businesses from a broader perspective.

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PhillipCapital Group Overview

Founded in 1975 as a stockbroker, PhillipCapital has grown into an integrated Asian financial group with a global presence, providing a wide range of quality and advanced services to retail, high net worth individuals, family offices, corporates and institutional investors.

PhillipCapital offers a comprehensive range of financial products and services, including brokerage services for securities, futures, foreign exchange, bonds, precious metals, commodities, mutual funds, CFDs and ETFs, as well as fund management, managed accounts, insurance recommendations, fixed term deposits, investment research, equity finance and real estate consultancy.

PhillipCapital is currently based in Singapore with offices in 15 countries and regions around the world, including Australia, Cambodia, China (including Hong Kong), India, Indonesia, Japan, Malaysia, Singapore, Spain, Thailand, Turkey, the UK, the UAE, the US, and Vietnam, serving 1.5 million clients worldwide and managing assets worth over US$50 billion.

Overview of Gaw Capital Partners

Gaw Capital Partners is a uniquely positioned global real estate fund manager focused on Asia Pacific and other high barrier-to-entry markets. Its investments focus on adding strategic value to underutilized real estate through the redesign and repositioning of properties, across the full spectrum of the real estate sector (residential development, offices, retail malls, hospitality, logistics and data centers).

Since its founding in 2005, Gaw Capital has launched seven commingle funds targeting investments in the Asia-Pacific region, including a US value-add/opportunities fund, a Pan-Asian hospitality fund, a European hospitality fund and a growth equity fund, and also provides global credit investments and direct investment services through separate accounts.

Gaw Capital has raised US$22.9 billion in capital commitments to date and has US$35.8 billion in assets under management as of the third quarter of 2024.

contact address

Agility Asset Advisors Co., Ltd.

Yotaro Takahara

Phone: 03-6845-9590

Email: ytakahara@aaa-inc.jp