ARES

ARES, the Association for Real Estate Securitization, was established in 2002, succeeding its predecessor CRES, to go beyond existing industry frameworks to bring together companies and other organizations operating in a range of sectors related to real estate securitization in Japan.

The members are real estate companies, construction companies, asset managers of J-REITs, banks, securities companies, appraisers, lawyers, accountants, and think tanks.

Their activities include policy recommendations of necessary system improvements and taxation revisions to government agencies, information services and outreach to individual investors to promote J-REITs, and works to encourage real estate investment by institutional investors that include the construction and publication of indices.