WALLMATE targets $960K for 11th TRINITY FUND real estate deal in Fukuoka
What's the deal? Tokyo-based WALLMATE不動産Dealroom has a profile for this one. Try Dealroom → opened subscriptions on September 18 for its 11th real estate crowdfunding vehicle, TRINITY FUND 11Dealroom has a profile for this one. Try Dealroom →. The fund targets US$1.15M on a first-come basis and projects an annual return of 8.0% (pre-tax) from rental income.
What's the endgame? The money buys a newly built, three-storey wooden apartment building in Fukuoka's Hakata ward, completed in late August 2026. WALLMATE will lease it to group company UBIQSDealroom has a profile for this one. Try Dealroom →, which plans to run it as an apartment hotel once it secures lodging-business permits.
The 12-month fund runs from October 30, 2026 to October 29, 2027, with a minimum investment of US$3.85K per unit. The property sits three minutes' walk from Chiyo-Kenchoguchi station and roughly eight minutes by train from Hakata station.
Why now? Fukuoka ranked third nationally for annual hotel occupancy and second — behind Tokyo — in June, according to Japan Tourism Agency data. UBIQS already operates about 30 apartment-hotel rooms in the region and reached 88% occupancy in Hakata's Yoshizuka area, above the roughly 70% market average.
How is risk managed? WALLMATE puts up 10% of the total (US$115.4K) as subordinated capital, absorbing losses first. It also commits to buying back the property if no external sale closes by the end of the term, though the buyback price reflects the exit valuation rather than the original amount.
What could go wrong? Returns depend on rental income during a fee period; a free-rent window runs until November 30, 2026 while permits are pending. If subscriptions fall short, WALLMATE says it will cover the gap to begin operations.
The signal: The launch reflects steady investor appetite for income-focused property crowdfunding tied to Japan's inbound tourism boom, where lodging demand in regional hubs like Fukuoka now rivals Tokyo.
Image credit: osiristhe
