Blackstone Announces Acquisition of Tokyo Garden Terrace Kioicho, Japan’s Largest Ever Real Estate Investment by a Foreign Investor
Blackstone (NYSE: BX) has announced its largest-ever real estate investment in Japan, acquiring Tokyo Garden Terrace Kioicho for $2.6 billion (JPY 400 billion) from Seibu Holdings. This marks the largest real estate investment by a foreign investor in Japan. The 2.4-million-square-feet mixed-use asset includes two high-rise towers featuring a fully occupied Grade A+ office, 135 high-end residential units, a 250-key luxury hotel, conference venues, and over 30 retail establishments.
Since 2013, Blackstone has acquired $16 billion in Japanese real estate assets. The company will maintain partnership with Seibu Group, which will continue managing the asset and hotel operations. This acquisition aligns with Blackstone's global real estate portfolio, which includes $325 billion of investor capital under management across various sectors including logistics, data centers, residential, office, and hospitality.
Blackstone (NYSE: BX) ha annunciato il suo più grande investimento immobiliare mai realizzato in Giappone, acquisendo Tokyo Garden Terrace Kioicho per 2,6 miliardi di dollari (400 miliardi di JPY) da Seibu Holdings. Questo segna il più grande investimento immobiliare da parte di un investitore straniero in Giappone. L'asset a uso misto di 2,4 milioni di piedi quadrati comprende due torri alte con uffici di grado A+ completamente occupati, 135 unità residenziali di alta gamma, un hotel di lusso con 250 stanze, spazi per conferenze e oltre 30 esercizi commerciali.
Dal 2013, Blackstone ha acquisito 16 miliardi di dollari in beni immobiliari giapponesi. L'azienda manterrà una partnership con Seibu Group, che continuerà a gestire l'asset e le operazioni alberghiere. Questa acquisizione si allinea con il portafoglio immobiliare globale di Blackstone, che comprende 325 miliardi di dollari di capitale investito gestito in vari settori, tra cui logistica, centri dati, residenziale, uffici e ospitalità.
Blackstone (NYSE: BX) ha anunciado su mayor inversión inmobiliaria en Japón, adquiriendo Tokyo Garden Terrace Kioicho por 2.6 mil millones de dólares (400 mil millones de JPY) de Seibu Holdings. Esto representa la mayor inversión inmobiliaria realizada por un inversor extranjero en Japón. El activo de uso mixto de 2,4 millones de pies cuadrados incluye dos torres de gran altura con oficinas de grado A+ completamente ocupadas, 135 unidades residenciales de alta gama, un hotel de lujo con 250 habitaciones, salas de conferencias y más de 30 establecimientos comerciales.
Desde 2013, Blackstone ha adquirido 16 mil millones de dólares en activos inmobiliarios japoneses. La empresa mantendrá una asociación con Seibu Group, que seguirá gestionando el activo y las operaciones del hotel. Esta adquisición se alinea con el portafolio inmobiliario global de Blackstone, que incluye 325 mil millones de dólares de capital invertido bajo gestión en diversos sectores, incluidos logística, centros de datos, residencial, oficinas y hospitalidad.
블랙스톤 (NYSE: BX)는 일본에서 가장 큰 부동산 투자를 발표하며, 도쿄 가든 테라스 기오이치오를 26억 달러(4000억 엔)에 세이부 홀딩스에서 인수했습니다. 이는 일본에서 외국인이 한 최대의 부동산 투자입니다. 240만 평방피트 규모의 복합 용도 자산에는 완전히 임대된 A+ 등급 사무실, 135개의 고급 주거 단위, 250실의 고급 호텔, 회의 공간 및 30개 이상의 소매점이 포함되어 있습니다.
2013년 이후 블랙스톤은 일본 부동산 자산을 160억 달러에 인수했습니다. 이 회사는 자산과 호텔 운영을 계속 관리할 세이부 그룹과의 파트너십을 유지할 것입니다. 이 인수는 블랙스톤의 글로벌 부동산 포트폴리오와 일치하며, 물류, 데이터 센터, 주거, 사무실 및 호스피탈리티를 포함한 다양한 부문에서 3250억 달러의 투자 자본을 관리하고 있습니다.
Blackstone (NYSE: BX) a annoncé son plus grand investissement immobilier jamais réalisé au Japon, en acquérant Tokyo Garden Terrace Kioicho pour 2,6 milliards de dollars (400 milliards de JPY) auprès de Seibu Holdings. Cela marque le plus grand investissement immobilier d'un investisseur étranger au Japon. Cet actif polyvalent de 2,4 millions de pieds carrés comprend deux tours de grande hauteur, un bureau de catégorie A+ entièrement occupé, 135 unités résidentielles haut de gamme, un hôtel de luxe de 250 clés, des espaces de conférence et plus de 30 établissements de vente au détail.
Depuis 2013, Blackstone a acquis 16 milliards de dollars d'actifs immobiliers au Japon. L'entreprise continuera de collaborer avec le groupe Seibu, qui continuera de gérer l'actif et les opérations de l'hôtel. Cette acquisition s'inscrit dans le cadre du portefeuille immobilier mondial de Blackstone, qui comprend 325 milliards de dollars de capital d'investisseurs sous gestion dans divers secteurs, y compris la logistique, les centres de données, le résidentiel, les bureaux et l'hospitalité.
Blackstone (NYSE: BX) hat seine größte Immobilieninvestition in Japan angekündigt und Tokyo Garden Terrace Kioicho für 2,6 Milliarden Dollar (400 Milliarden JPY) von Seibu Holdings übernommen. Dies markiert die größte Immobilieninvestition eines ausländischen Investors in Japan. Die 2,4 Millionen Quadratfuß große Mischimmobilie umfasst zwei Hochhäuser mit vollständig vermieteten Büroflächen der Klasse A+, 135 hochwertige Wohneinheiten, ein Luxushotel mit 250 Zimmern, Tagungsräume und mehr als 30 Einzelhandelsgeschäfte.
Seit 2013 hat Blackstone Immobilienvermögen in Höhe von 16 Milliarden Dollar in Japan erworben. Das Unternehmen wird die Partnerschaft mit der Seibu Group aufrechterhalten, die die Verwaltung des Vermögenswerts und des Hotelbetriebs weiterhin übernehmen wird. Diese Akquisition steht im Einklang mit Blackstones globalem Immobilienportfolio, das 325 Milliarden Dollar an verwaltetem Anlegerkapital in verschiedenen Sektoren, einschließlich Logistik, Rechenzentren, Wohnimmobilien, Büros und Gastgewerbe, umfasst.
- Largest foreign real estate investment in Japan at $2.6 billion
- 100% occupancy rate in Grade A+ office space
- Prime location in central Tokyo with diverse revenue streams
- Continued partnership with Seibu Group for asset and hotel management
- Addition to Blackstone's substantial $16 billion Japanese real estate portfolio
- None.
Insights
This landmark
The deal's positioning as Japan's largest foreign real estate investment reflects growing opportunities from Japanese corporations' asset monetization trends. Blackstone's expansion of its Japanese portfolio, now totaling
This acquisition aligns with broader market trends of Japanese corporations divesting non-core real estate assets to optimize capital allocation. The transaction's structure, maintaining Seibu's involvement in asset and hotel management, exemplifies the evolving Japanese corporate landscape where strategic partnerships with global investors are increasingly accepted.
The deal's scale and Blackstone's growing presence in Japan could catalyze further institutional investment in Japanese real estate. The mixed-use nature of the asset, combining office, residential and hospitality components, positions it well to benefit from Tokyo's status as a global business hub and the post-pandemic recovery in commercial real estate and tourism sectors.
Located in central
Chris Heady, Chairman of
Daisuke Kitta, Head of Real Estate Japan, Blackstone, said: “We are thrilled to partner with Seibu and add this prime, mixed-use property to our real estate portfolio in
Ryuichiro Nishiyama, President and Representative Director, COO, Seibu Holdings, said: “Blackstone has provided a proposal that will contribute to further growth and development of the asset, and a valuation that reflects its strength. In the future, the Seibu Group companies will continue to be involved in the management of the asset, which includes undertaking the asset management business and hotel management business, and will provide even more attractive new value in Kioicho based on a long-term and strong partnership with Blackstone.”
Blackstone is a leading investor in
For more than 17 years, Blackstone has been a trusted partner to Japanese companies looking to divest their businesses and assets for continued growth. Its notable carve-outs include: the acquisition of an eight-hotel portfolio from Kintetsu Group and a logistics portfolio from Daiwa House; in private equity, investments in Sony Payment Services with Sony Group, the consumer healthcare unit (renamed Alinamin Pharmaceutical) from Takeda Pharmaceutical, and Infocom from Teijin.
Blackstone Real Estate
Blackstone is a global leader in real estate investing. Blackstone’s real estate business was founded in 1991 and has
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Media Contact
Mariko Sanchanta
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Minako Otani
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Source: Blackstone
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