In two deals that closed in late 2024, the investment firm acquired a stake in Tokyo’s Gajoen mixed-use complex and bought one million square feet of land near the manufacturing hub of Nagoya to develop a warehouse. (Bloomberg)
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In two deals that closed in late 2024, the investment firm acquired a stake in Tokyo’s Gajoen mixed-use complex and bought one million square feet of land near the manufacturing hub of Nagoya to develop a warehouse. (Bloomberg)
Talking point: Brookfield plans to do more business in Japan this year, managing partner and head of East Asia real estate Andrew Burych told Bloomberg, adding that it is looking for real estate worth between US$50 million and US$1 billion in logistics, mixed-use and hospitality. Japan is undergoing a tourist boom, thanks to the yen’s declining value, which is making it a more affordable destination for international travellers. Alimentation Couche-Tard, another Canadian company, is attempting to acquire Japanese 7-Eleven parent Seven & i, but its offers have so far been rebuffed.
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