Brookfield Asset Management has agreed to acquire a landmark office building in Shiodome, central Tokyo, from a consortium of Japanese investors.
Completed in 2002, the 213-meter (698-foot) skyscraper is the global headquarters of Dentsu Group. It contains 1.3 million square feet of net leasable area, 48 floors above ground and five below ground.
The acquisition represents an opportunity for Brookfield to secure 100 percent ownership of a large-scale office asset in central Tokyo, a market characterized by limited vacancy, constrained new supply and strong long-term tenant demand.
“The Dentsu office tower in Tokyo is an iconic asset located in one of the world’s strongest office markets. The investment aligns with our strategy of acquiring high-quality assets in irreplaceable locations and creating value through hands-on operational expertise. We have strong conviction and confidence in Japan, where we continue to grow our presence,” said Ankur Gupta, head
