Business · Companies · 16 hrs ago

Tokyo office rent boom spurs deals as Blackstone plans sale

Tokyo office rent boom spurs deals as Blackstone plans sale

Rising office rents in Tokyo are spurring property deals.

Blackstone is planning a sale, though the details are not given.

Japan’s commercial-property investment reached ¥2 trillion in the third quarter, according to brokerage data.

This figure covers investment across Japan, not only Tokyo.

The figures point to increased activity in the country’s commercial-property market.

Blackstone’s planned sale is the next development mentioned, but no timing or further details are provided.

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