BX · News · 20261101N

Tokyo Office Tower Disposition

Blackstone Inc. · 2026-11-01 · Importance 46 · Surprise 42 · In source text

Blackstone is reportedly in advanced talks to sell the office and retail components of Tokyo Garden Terrace Kioicho to funds managed by Daiwa Securities for approximately JPY 300 billion ($1.9 billion). The potential sale would mark Blackstone’s exit from the complex less than two years after acquiring it. The article says Tokyo’s Grade A office vacancy rate is low and rents are rising, supporting investor demand for the market.

Key facts

• Blackstone is reportedly in advanced talks to sell the office and retail components of Tokyo Garden Terrace Kioicho to funds managed by Daiwa Securities for approximately JPY 300 billion ($1.9 billion). source
• The potential sale would mark Blackstone's exit from the complex less than two years after its acquisition. source

Impact estimates