realestate

Brookfield secures $1.6 billion in Japan real estate transactions

Brookfield Asset Management closes $1.6 billion Japan real estate investments.

C
anadian investment firm Brookfield Asset Management has completed two significant real estate investments in Japan, totaling $1.6 billion. The deals involve a stake in Tokyo's iconic Gajoen complex, a mixed-use development featuring office space, retail, and luxury accommodations, as well as a 1 million square foot plot in Nagoya that will be transformed into a logistics warehouse. This latest investment underscores the growing appeal of Japan's real estate market to foreign investors, who are drawn by the weak yen and favorable financing conditions. Brookfield has acquired an undisclosed stake in Gajoen, which is owned by China Investment Corp (CIC), a Chinese sovereign wealth fund that purchased the property in 2015.

Brookfield secures $1.6 billion in Japan real estate transactions, major investment milestone achieved.