Melodia Harajuku
Pegasus Capital announced the sale of a multifamily residential building located in Shibuya to a local real estate company.

Pegasus Capital today announced the sale of a multifamily residential building located in Shibuya to a local real estate company.
The sale proceeds, along with the net rental income received amounting to close to 20% MoM thus satisfying the core target returns.
Investor cash flows and returns were enhanced via successfully obtaining cheap financing from SMBC.
Pegasus will continue to focus on core-plus multifamily investments and opportunistic/value add opportunities this year.