Market
What will be the change in valuation of Tokyo Garden Terrace Kioicho by December 31, 2025?
2
Blackstone•Tokyo Garden Terrace Kioicho•Seibu Holdings•Japan•Nippon Life Insurance•Resolution Life Group•Japanese•Akasaka Prince Hotel•Chiyoda•Tokyo
Resolution / Starting Odds
Increase by more than 10% • 25%
Increase by up to 10% • 25%
No change • 25%
Decrease • 25%
Valuation reports from real estate analysts or financial news outlets
Story
Blackstone to Acquire Tokyo Garden Terrace Kioicho for ¥400 Billion ($2.6 Billion), Largest-Ever Acquisition by Foreign Fund
Dec 12, 2024, 08:17 AM
Blackstone is set to acquire the Tokyo Garden Terrace Kioicho complex from Seibu Holdings for approximately ¥400 billion, equivalent to $2.6 billion. This transaction marks the largest real estate acquisition by a foreign fund in Japan. The deal follows Nippon Life Insurance's recent $8.2 billion purchase of Resolution Life Group, indicating Blackstone's intent to strengthen its relationship with the Japanese firm. The complex is located on the site of the former Akasaka Prince Hotel in Chiyoda, Tokyo, and the sale was officially announced by both companies.
View original story
Similar markets
Decrease by over 20% • 25%
Stable (+/- 20%) • 25%
Increase by over 20% • 25%
Other • 25%
300-400 billion yen • 25%
More than 500 billion yen • 25%
400-500 billion yen • 25%
Less than 300 billion yen • 25%
Data not available • 25%
Underperforms • 25%
Outperforms • 25%
Matches performance • 25%
Underperforms by 0-10% • 25%
Underperforms by more than 10% • 25%
Outperforms by more than 10% • 25%
Outperforms by 0-10% • 25%
Significantly Underperform • 25%
Match • 25%
Outperform • 25%
Underperform • 25%
€60 to €70 • 25%
Below €50 • 25%
Above €70 • 25%
€50 to €60 • 25%
Increase less than 5% • 25%
No increase or decrease • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by up to 10% • 25%
Decrease by more than 10% • 25%
No significant change • 25%
Increase by more than 10% • 25%
