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Blackstone nears $2.6 billion deal for Tokyo's Garden Terrace Kioicho complex, its biggest Japan real estate buy.
U.S. investment firm Blackstone is in advanced talks to buy Tokyo Garden Terrace Kioicho, a mixed-use complex in Tokyo, from Seibu Holdings for about $2.6 billion.
The deal, if completed, would be Blackstone's largest real estate acquisition in Japan and one of the most expensive real estate transactions in the country.
The complex includes offices, residences, a hotel, and retail spaces.
Talks are ongoing, with a potential agreement by year-end.
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Blackstone se acerca a los 2.600 millones de dólares para el complejo de Kioicho Garden Terrace de Tokio, su mayor compra inmobiliaria en Japón.